Dennis da Silva Troilus Gold Corp. TLG-T TOP PICK Jul 06, 2021

A smallcap explorer/developer with an operation in Quebec. In Q3 2020, a preliminary assessment was done: 8 million ounces, with 250,000 ounces yearly for the first 14 years in an open pit, then will go underground for around 10 years to produce 100,000 ounces annually. It's like a mini-Detour Gold c.2009, which has since doubled its resource/mineral output. TLG trades at a 50% discount to peers, and will be an M&A candidate. Aggressive capital program, but there is an overhang from a $45 million equity issue that will last only a few months. (Analysts’ price target is $3.71)