Post by
Gutinstincts55 on Sep 24, 2024 9:59pm
Buy
After this morning's beatdown I decided to re-enter Troilus with 75k shares on the US side. I have to take emotion out if it, as I feel there was dishonesty here about what the DFS would look like. In spite of that, physical gold's run & what I believe it's future holds is going to make the ROI here acceptable to a major. This will be built & the current MC makes it a very good entry. It's as simple as that.
Comment by
VickRoxman2 on Sep 24, 2024 11:21pm
How is Gwen Preston doing? It seems she high tailed it out of here. Can't blame her...
Comment by
VickRoxman2 on Sep 25, 2024 9:30am
As always, I hope you do well gut. Its probably very possible for one to make a profit at this entry point. Unless they drag this on for another year without getting financing and they have to do another raise, same time next year!? Hopefully you do alright and hopefully anyone else still holding on can at least break even, eventually.
Comment by
anon3 on Sep 25, 2024 11:01am
They will drag this out for several years if they don't get bought out 100%. I would think any joint venture partner will not be looking to have their investment go towards high salaries, solar panels etc. With the start of construction timeline given in the DFS being 2029 you have years of dilution ahead.