Could Be The Time To Get In On $TM.v Trigon Metals (TSXV: TM) is seeing a good bounce today following the closing of $5.5 million in private funding from The Lind Partners last week. $TM.v shares are currently up over 10%, continuing to trade at above-average volume compared to April.
With this new funding, the company is expecting to take the Kombat copper mine into commercial production status very soon. Something which was previously difficult to achieve via the agreement the company had with IXM.
Keep an eye out for a bullish cross of the long-range Stochastic Oscillator to indicate an incoming price correction for Trigon. $TM.v is currently trading at $.205 and is valued at $34.78 million.
https://ceo.ca/@nasdaq/trigon-metals-closes-on-c55-million-funding-from