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Bullboard - Stock Discussion Forum Troilus Gold Corp T.TLG

Alternate Symbol(s):  CHXMF

Troilus Gold Corp. is a Canadian mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. The Company owns a 100% interest in the Troilus project. The Company holds a land position of approximately 435 square kilometers (km2) in the mining jurisdiction of Quebec, Canada, within the prospective Frotet-Evans Greenstone Belt... see more

TSX:TLG - Post Discussion

Troilus Gold Corp > Watch these comments on the FS
View:
Post by crow27 on May 17, 2024 11:43pm

Watch these comments on the FS

Watch your margins - Joe Mazumdar identifies miners who are winning while gold is spiking

This was on Kitco news video at the 13.05 mark.
Time to run for the hills if you have not already
Comment by crow27 on May 17, 2024 11:57pm
Joe lays it out pretty clearly and he had nothing good to say about the FS. Grade dropping capex over a billion and so on and so on.Very, very bleak as he could not find any positives with this long awaited FS.  I'm glad I blew out in the 50's and bought more IVN on Tuesday. Check out IVN today. Boy did we all get taken for a ride on this play. live and learn the hard way.
Comment by Gutinstincts55 on May 18, 2024 8:29am
I'M completely out with a small gain.  It all went to Magna Metals, Hercules Silver, Abitibi Metals.
Comment by danrou on May 18, 2024 9:36am
All went to Artemis Gold on my side for a 2.5x upside...
Comment by VickRoxman2 on May 18, 2024 9:23am
My problem with Joe and side kick Brent Cook....Joe especially is a very negative person I've found.   Had I listened to him on everything he comments on, I would have missed out on several returns.   That's my experience with him anyway. However... Having said this!  Obviously this FS is not what Justin led us to believe. I can't help but think that if the ...more  
Comment by crow27 on May 18, 2024 9:57am
I did not lose money on my sell after the FS was released but I feel so much was lost because of the way JR had lead us all on with all his comments prior to this release. I have played the markets for many years and have lost money on many stocks i have bought. I must admit though that I have never been fooled like I have been with TLG.  Someone may come along like you said and buy this ...more  
Comment by willyk3 on May 20, 2024 3:07pm
Agree with you observations. I am thinking the negativity is a bit overdone. Lotsa leverage in a low grade deposit.  A billion these days is not out of line , still room to grow the deposit.   Sumi is not going away  and if the bullion price keeps going gangbusters this thing will start to look much better Pretty disappointing that we had to wait so long for reduced grades and ...more  
Comment by anon3 on May 20, 2024 3:32pm
Billion $ plus for capex is the new norm. It is the payback time that is crazy long. Is JR giving every TLG employee massive raise? Another factor is that TLG quietly pushed construction start to late 2026 or 2027 from late next year. Another 18 months of inflation on the capex. This has Sumi written all over it.
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