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Trench Metals Corp V.TMC

Alternate Symbol(s):  NVTQF

Trench Metals Corp. is a Canada-based mineral exploration company with a focus on uranium. The Company owns the Carter Lake Uranium Project, situated in the Athabasca basin of northern Saskatchewan, Canada. The Carter Lake Uranium Project spans over 691 hectares on the western flank of the Athabasca Basin. The Company has the right to acquire a 100% interest in two highly prospective uranium projects in Saskatchewan’s Athabasca Uranium district. Its Higginson Lake Uranium Project, which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308. Its Spreckley Lake Uranium Project, which comprises approximately 1385 hectares in northern Saskatchewan, is strategically located adjacent to Skyharbor's Pluto Bay Project.


TSXV:TMC - Post by User

Comment by Maxmoeon Oct 23, 2021 12:39pm
206 Views
Post# 34040798

RE:Trench and Defense Metals need to communicate

RE:Trench and Defense Metals need to communicateYou sure trench needs another low grade low tonnage uranium play that will never be developed in my grandchildren's lifetime. Ps I don't yet have any. You should be thankful this thing has a $30 million market cap. Fully diluted, $50 million. Not much on sedar, but I don't see any money spent on exploration. It's all spent on "marketing" ? What does a company with options on uranium properties it doesnt have the capital to exercise and own said properties, have to spend $221,000 on marketing in the last fiscal quarter? Good luck. You never know. 
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