Triton Minerals Ltd V.TON

Primary Symbol: TTMNF

Triton Minerals Limited is an Australia-based mining exploration and development company. The Company is focused on graphite projects. The Company, through its wholly owned subsidiaries, has an interest in Grafex Limitada (Grafex). Its flagship Ancuabe Project is located approximately 45 kilometers (km) due west from the northern Mozambique coastal port of Pemba on the Indian Ocean shoreline. The project is located adjacent to the producing AMG Graphit Kropfmuhl (GK) graphite mine and nearby villages that provide a motivated local workforce. The project is approximately 80 km by sealed road from an operating container port in Pemba, with access to existing transport and power infrastructure and supportive local and national governments. Grafex is comprised of four exploration licenses, EL5305, EL5380, EL5365 and EL5304. The Company has also granted with mining concession for Cobra Plains Graphite Project located in northern Mozambique, within Neoproterozoic rocks of the Xixano Complex.

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Triton Minerals Ltd > TON could not raise the cash needed to reach commercial prod

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Comment by battlereadyon Oct 09, 2015 1:26pm

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Post# 24179912

RE:TON could not raise the cash needed to reach commercial prod

I just read INK's comment. He didn't trash management here and made a very brief comment. Strange since he trashes everyone else when they meet their milestones. Management here not reaching commercial production and completely missing their targets on the only asset they have is extremely poor. INK is correct to say the market conditions caused this. I am sure the TON management did not want to do this but had too.

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