The market is sleeping on TM.v. HUGE DISCOUNT ATM. Drilling of new mineralization targets at Trigon Metals (TSXV: TM) project has provided encouraging results. Highlights include average copper grades of up to 2.7% with additional silver mineralization.
Jed Richardson, President and CEO, commented, “Kavango drilling and the early mining in this area have been very encouraging. Mineralization has been far more consistent and massive, matching the nature of the mineralization we find in the underground mine and other areas of the Kombat trend. These initial results confirm our confidence that our revised exploration and production focus will provide significant upside.”
Despite this optimistic announcement, TM shares continue to trend downward. To me, this looks like the market is sleeping on this company, presenting a good opportunity to get in at a discounted price.
TM.v is currently trading at $.16, valued at $27.14 million.
https://ceo.ca/@businesswire/kavango-pit-and-kombat-trend-drilling-highlights-strength