Expect $TM.v To Ramp Up Production Very Soon Looks like investors are now taking interest in Trigon Metals (TSXV: TM) after the announcement that Sprott will be financing the company. Yesterday, the company’s stock saw massive relative volume, with 8.8 million shares traded on the day to form a bullish Dragonfly Doji candle.
With the new financing, Trigon has kiboshed its limiting agreement with IXM and is expecting to bring the Kombat mine into full commercial production very soon. The mine is currently producing multiple tons of copper concentrate at ~20% Cu and 265 g/t Ag while operating at only 70% capacity. With the mine at full production capacity, $TM should begin producing roughly US$88,000 worth of resource per day.
It’s going to be an interesting couple of months for $TM.v on the charts, and I personally can’t wait.
$TM.v is currently trading at $.23 and is valued at $39.02M.
https://ceo.ca/@businesswire/amended-and-restated-news-release-trigon-metals-enters