My main concern: recession I plan to buy some Trigon stock now that the reverse split is complete. I think the US symbol is PNTZD for now, but I think it will switch back to PNTZF after a few weeks.
My main concern is that a recession will hit the US after the election. Biden has been an absolute disaster, and the only thing holding up the economy has been out of control government spending. I think the economy in China is bottoming, but I do not expect a big recovery in China anytime soon. A weak economy usually means a drop in the price of copper.
Trigon is starting slow with the mine start up, and the cost of production will be relatively high for the next year. A drop in the price of copper as the US enters recession will come at a bad time.
If the stock price does drop, I plan to buy more as long as the company is executing its plans. The recession will end at some point, and the long-term fundamentals for copper are very good.