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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 Varscona253on Dec 21, 2022 3:56pm
201 Views
Post# 35185608

Next year

Next yearI think that TM will have a rally in price once the OP starts to produce with costs below $3 per #. It is only reasonable to expect this as their previous attempt at OP production did not fare well. I have reviewed jrbull's assumptions and I do like his optimism. However, I do not believe his figures. My back of the envelope calculations show a much lower price. However, my price target is much higher than today's price. About Siver Hills, I think the company is waiting until they get title to explore a larger area than what they currently have. I do not think we will get any drill results until their title to the larger area around Siver Hills is secured. All in all, I believe they have a good project with the cash to make good things happen for us ordinary shareholders.
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