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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

Post by partystockeron Nov 10, 2021 12:41pm
144 Views
Post# 34110673

$TM.V prices continue along an ascending triangle pattern

$TM.V prices continue along an ascending triangle pattern

Indicators aren’t showing any strong signs of positive price action to come, but they aren’t showing anything bad either.


Trigon has remained fairly quiet so far this month after some big announcements in late October that they’ll finally be restarting operations at their Namibian Kombat Mine after 14 years. This was followed by an announcement that Trigon has signed a financing deal with IXM for $5 million.


I think if $TM comes down with some good news in the coming days/weeks we could see price action continue on the current pattern and break through $.59 before the holidays.


$TM is currently trading at $.49 and the company is valued at $77.04 million.

 
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