Dennis da SilvaTroilus Gold Corp.TLG.TOTOP PICKJun 04, 2025
Going to build a mine in Quebec, unless someone buys them. Veterans of the industry, with engineering and geological expertise, have joined the company. Has letters of intent for over $1.3B from export development companies, including Canada.
Going through financing, which should be in place Q1 next year. Fully permitted. Probably a royalty stream on the silver portion of the mine, with maybe a bit of equity as a top up. Yes, you can put some money in and forget about it for a while. No dividend.
(Note the short timeframe.) At critical stage of next big project, now completing financing. Will be one of Canada's top-tier projects. Still trades cheaply.
(A Top Pick Jul 06/21, Down 49%) Tale of the gold space. Nothing specific with the asset. Still high quality. Resource update by end of 2022 will give investors more clarity, especially given the impact of inflation.
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)
Very leery of the explosion of uranium vehicles. Wouldn't hold out much hope on the uranium, but on the coal side they are doing a better job. The idea of a mine mount power plant in the Yukon is attractive. Will require more capital than the company has.
Going to build a mine in Quebec, unless someone buys them. Veterans of the industry, with engineering and geological expertise, have joined the company. Has letters of intent for over $1.3B from export development companies, including Canada.
(Analysts’ price target is $1.54)Going through financing, which should be in place Q1 next year. Fully permitted. Probably a royalty stream on the silver portion of the mine, with maybe a bit of equity as a top up. Yes, you can put some money in and forget about it for a while. No dividend.