Trigon Metals Inc V.TM

NOW that it FINALLY SEEMS Trigon MAY BE Amounting to SomeThi

[Varscona253]

I have reviewed the March and the May presentations as well as the May presentation by Atrium Also threw in some comments from Jed on his U Tube chats.
1.Combined OP and UG ore in April averaged 941 t/d.
2. UG ore averaged 552 t/d. This includes 4 days where they hoisted 1000 t/d.
3. OP grade is increasing and was 1.09 % Cu in April.
4. UG grade was 2.11 % Cu in April.
5. Jed said he is 48 years old and his team is younger. This is something to note as mining.com wrote about a flood of retirements coming in the near future with no replacement talent in sight.
6. The consolidation to date seems to be going in the right direction.
7. Mining.com wrote an article about traders flush with cash are making deals with some producers to ensure a supply of Cu going forward. Perhaps there will be some money in it for TM to help fund their expansion. 
8. Jed has made some mistakes IMHO, such as spending money on the central pit and the financing with Lind. Hopefully things like this will not be repeated, at least not too often.
9. This mine has operated for 45 years as an UG mine. This tells me that they can operate UG for a long time. It looks like the OP will be used to supply ore to keep the mill running at capacity.
10. With the share count at 43.5 M and with an expected increase in the SP as they coninue to show good progress, I expect TM will be able to to to market on favourable terms (I hope) with the idea of keeping the final share count under 100 M Looking good, all in all, IMHO.

[666999]

Grade and tpd is good, especially UG and grade will rise, exploration side promises, hope company drills some nice holes, everything looks good going forward, glta