Troilus Completes Basic Engineering and Advances Detailed Engineering as Project Execution Readiness Accelerates
Troilus just wrapped basic engineering on their copper-gold project. Classic junior miner playbook - lots of press releases about engineering milestones while they dilute shareholders. The real question is whether they can actually get this thing built before the next commodity downturn. Copper-gold projects sound appealing with copper's AI demand story, but execution risk is massive. Most juniors never make it past the feasibility study phase. Rather than betting on management teams and permitting nightmares, I'm stacking physical. When gold breaks $5000, these mining stocks might follow, but the metal itself is the sure play. Junior miners are lottery tickets. Physical gold is insurance.