Red_Deer wrote:
Pound1 wrote: Let's see if this can get TM moving. It seems every time there is good news the stock pulls back. If it does this time I will be buying. GLTA
Hey POUND__Since YOU Asked__Here are Some COMMENTS
First__NOW We KNOW Who the ""ON SITE INVESTORS"" WERE__The CHINESE Group
Doing THIS Financing and Off Take.
Second__We NOW HAVE a """LONG TERM PARTNERSHIP""" With a Chinese Conglomerate
Which in My Opinion WILL HAVE a CONSIDERABLE IMPACT Upon EVERY ASPECT of the Kombat Mine Re-Developments GOING FORWARD__So LET's See IF They END UP on the BOARD of DIRECTORS @ the Next Annual ShareHolder Meeting eh ?
Jed Richardson, President and CEO of Trigon, commented, "We have been engaging with IXM over the past few months and are pleased to announce our partnership with them as we take the Kombat Mine into production. The finalization of our financing and offtake arrangements was a key milestone in the restart process and we look forward to developing a long-term relationship with IXM as the operation grows." Third__WHAT Will this $5 Million Credit BE USED For?__As ALL the $$$$$$$ to GET the OPEN PIT into Production__WERE Already IN PLACE With the Private Placements and the SPROTT Warrant EXERCISES
Am GUESSING That THIS $5 Million MAY BE the First $$$$$ Which are Going to BE USED to BEGIN Getting the UNDER GROUND Shafts into Production__Starting With PUMPING OUT all the Water Currently FLOODING the Shafts.
Fourth__I DO NOT LIKE US Getting INTO BED With an OFF TAKE Agreement__Would MUCH PREFERRED That We SOLD the CONCENTRATES on an ON GOING Basis @ SPOT PRICES Especially in THIS ENVIRONMENT of Potentially LARGE Price INCREASES for Copper DUE to the EV Revolution
Without KNOWING the PRICING TERMS in the AGREEMENT Would WE Get the FULL Benefit of ANY Copper Price INCREASES__OR Would the AGREEMENT Benefit the CHINESE Partners MORE Than US?__So AS USUAL__Management and Insiders WILL KNOW the FULL DETAILS of the AGREEMENT__BUT We LOWLY ShareHolders WILL NOT.
Fifth__Now With EVERYTHING Announced__The MOST IMPORTANT Remaining ISSUE Will BE to SEE How Well__PROFITABLE__the ACTUAL Kombat Operation WILL END UP BEING
So With the FIRST Concentrate Production NOW SLATED For EARLY 2022__The EARLIEST We LOWLY Shareholders WILL SEE in the Quarterly FINANCIALS How WELL Kombat IS DOING Would be Some Time MID NEXT SUMMER.
BUT__IF the Kombat Operations DO START Showing VERY GOOD $$$$$$$$$__Then I WOULD HOPE That JED Would PROVIDE Appropriate UPDATES Well Before US Having to
WAIT Til MID NEXT SUMMER.
Sixth__Looks Like AS ALWAYS__Mr MARKET is Giving US a GOOD INDICATION of RESPONSE to the NEWS__Strongly SUGGESTING a WAIT and SEE For the Time Being
to SEE the ACTUAL $$$$$$$$$ Performance of the KOMBAT MINING__WITHIN the Parametres OF The ANNOUCEMENT Today
$0.530.01 | 1.92%Bid: 0.52 x 24500Ask: 0.53 x 3000Volume: 217,243
CADTSX VENTURE EXCHANGEDELAYED PRICEOCTOBER 28, 2021 2:10 PMEDT