TM.v continues to trade contrary to optimistic news. Excited to see updates from Trigon Metals (TSXVB: TM) regarding mine plans after the company reported massive mineralization with higher grades at the Kavango Pit on the Kombat Project in Namibia.
These results will allow Trigon to hit production milestones at lower operating costs. On top of this, $30M is expected to hit the books through a silver streaming agreement with Sprott Mining.
As things appear to be on the up and up for TM, shares continue to trudge along at bi-yearly lows. This leads me to expect a strong price correction once the company starts reporting production and financial metrics.
TM.v is currently trading at $.15, valued at $25.45 million.
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