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Trigon Metals Inc V.TM

Alternate Symbol(s):  PNTZF

Trigon Metals Inc. is a Canada-based exploration and development company. The Company is focused on copper and silver holdings in mine-friendly African jurisdictions. The Company has operations in Namibia and Morocco. In Namibia, it holds an 80% interest in five mining licenses in the Otavi Mountainlands, an area of Namibia generally recognized for its high-grade copper deposits, where the Company is focused on exploration and re-development of the producing Kombat Mine. In Morocco, it is the holder of the Silver Hill and Addana projects, highly prospective copper and silver exploration projects. The Silver Hill is a 16 square kilometers (km2) property located in the Anti-Atlas region. The Kombat Mine is located in the Otavi Mountainland on the Northern Platform Margin of the Damara Orogenic Belt. Its Kalahari Copperbelt Project includes a substantial land package in Namibia with primary Exclusive Prospecting Licenses (EPLs) covering 280 km along the strike of the Kalahari Copper Belt.


TSXV:TM - Post by User

Post by Red_Deeron Jul 12, 2023 6:11am
105 Views
Post# 35536855

WHAT IS,,,,,,,,,,,,,,,,,,,,Holding Trigon DOWN....?????

WHAT IS,,,,,,,,,,,,,,,,,,,,Holding Trigon DOWN....?????Poster POUND Gets THIS

BUT Junior BULL Does NOT GET IT

The ""IT"" is the BANE of ALL Penny Ponny MINING Companies

Spelled__DILUTION

So HOW BAD Has the DILUTION BEEN eh__Well IT Has Been REAL BAD !!!!!

There Were ONLY 11.5 MILLION Shares Out__When Junior BULL Was LOADING UP in Spring/Summer of 2014 @ $1.00/$1.20__on the Pumping by DAWGS et al__and Junior Bull's CONFIDENCE That Forbes & Manhatten WOULD MAKE Kombat a WINNER  

NOW__After the Recent Placement of 25 MILLION More Shares__The Share Count is at a 
WHOPPING 194.5 MILLION Shares__a 17 FOLD INCREASE !!!!

And IT is EVEN WORSE__With ALL the WARRANTS and OPTIONS__The TOTAL Fully Diluted
Count IS 270 MILLION Shares__or a 23 FOLD INCREASE


These HIGH Levels of DILUTION of Course WILL MAKE it VERY DIFFICULT to Have the HUGE UPSIDE Which Junior BULL Our Resident Perma PUMPER Keeps on Posting eh !!!!


NoteWorthy that This DILUTION Will NOT HAVE an Negative Effect on the STREAMING DEALS.
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