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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

Comment by lumpy13on Feb 21, 2021 11:11pm
129 Views
Post# 32623732

RE:RE:Why TM?

RE:RE:Why TM?I appreciate your feedback and it's probably worth taking a bet, primarily because of the higher CU price, which might kick things into gear.
But it remains unclear to me how much money they need to put the operations back into operation and how fast this can be achieved. 

Personally, I'm ambivalent when E. Sprott invests.  He often demands (and gets) sweetheart terms, and sometimes sells out after a nice, short term share pice increase, just riding the warrants for future gain.

But, as you noted, if/when announcements are made on funding and restarting operations, this stock should increase dramatically.

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