TM.v appears to be in a strong position for growth. Despite already seeing great success at the Kombat Mine, Trigon Metals (TSXV: TM) still has a vast majority of the overall 35km trend to explore. The company’s current plan is to get mine operations back up and running in short order, before it comes back as a stronger operation with lower operating costs to explore the rest of the potential trend.
Trigon recently executed a streaming agreement with Sprott Mining that will see US$25 million brought in for the offtake of silver that is present at Kombat. This provides the company with a strong foreseeable runway to continue operations. These funds will also accelerate the company’s feasibility study and development at Kombat.
To prepare for its next phase of company growth, Trigon has also added two new, highly experienced members to the team. Mohammed Benharref and Aidan Sullivan have joined the company as board member and VP of Investor Relations respectively.
TM.v is currently trading at a comparative discount, offering a great opportunity to do your own DD and establish a position ahead of its planned growth. Shares are currently trading at $.135 and the company is valued at $22.9 million.
https://www.trigonmetals.com/