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Trigon Metals Inc V.TM

Alternate Symbol(s):  PNTZF

Trigon Metals Inc. is a Canada-based exploration and development company. The Company is focused on copper and silver holdings in mine-friendly African jurisdictions. The Company has operations in Namibia and Morocco. In Namibia, it holds an 80% interest in five mining licenses in the Otavi Mountainlands, an area of Namibia generally recognized for its high-grade copper deposits, where the Company is focused on exploration and re-development of the producing Kombat Mine. In Morocco, it is the holder of the Silver Hill and Addana projects, highly prospective copper and silver exploration projects. The Silver Hill is a 16 square kilometers (km2) property located in the Anti-Atlas region. The Kombat Mine is located in the Otavi Mountainland on the Northern Platform Margin of the Damara Orogenic Belt. Its Kalahari Copperbelt Project includes a substantial land package in Namibia with primary Exclusive Prospecting Licenses (EPLs) covering 280 km along the strike of the Kalahari Copper Belt.


TSXV:TM - Post by User

Bullboard Posts
Comment by Dtraders1on Aug 02, 2018 10:43am
65 Views
Post# 28404039

RE:Trigon Enters Into Loan Agreements

RE:Trigon Enters Into Loan Agreements@DRYOASIS Shareprice is low more because copper price is too low for profit mining as simple as that!  Unless you have other mineral or precious metals to sustain cashflow this company will fail as many others tried in the past.  Look at my old post about Orsu metals (osu) I explain it in details.  TVI used to ship lots of copper and then stoped, look at the shareprice they are at 0,01$ since many years.

I don’t mind AAB give them a loan wich is high in interest but I just hope they didn’t invest again in the last private financing as this would be stupid and a waste of money that could have been used to buy back their own shares for a NCIB.

When copper will be above 4USD then it would start to look good for a copper mining but before that it’s just waisting money.

Cheers
Bullboard Posts