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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.


OTCPK:TTMNF - Post by User

Bullboard Posts
Post by eebleron Apr 29, 2011 8:23am
415 Views
Post# 18505348

Projections anyone?

Projections anyone?So is 41 cents the new bottom, or do we retrace into the mid 30's?  

The announcement about the new President caused a very small stir, but with such a low share float and being so tightly held right now, and with the risks surrounding Humala winning the Presidency, not much of a surprise that it didn't hold.

With the drill results on their copper/silver project now done, and likely no more results on it for a while, the next catalyst would be an announcement that they have secured their drilling permits for Rio Tabaconas.  If I recall, that is not likely to happen until June/July.  Patience is a virtue. 
Bullboard Posts