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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

Comment by BayStreetWildon May 25, 2023 8:28pm
141 Views
Post# 35464953

RE:RE:RE:RE:RE:RE:,,,,,,,,,,,,,A REMARKABLE Trading Day............!!!!!!!!!

RE:RE:RE:RE:RE:RE:,,,,,,,,,,,,,A REMARKABLE Trading Day............!!!!!!!!!

I think constantly going out last year and telling people you're fully funded and immediately after raising money was a terrible move, bad planning and to an extent dishonest.

I do understand it got them to survive and perhaps that's better than bankrupting and leaving us with 0 cent shares... but it still left a lot of people with a sour taste, myself included.

Having said that, this is the best position the company has ever been in, both operationally and financially speaking.

In my opinion they should hedge copper production until they start phase 2 to ensure survival and to prevent a possible shutdown from a potential drop in price and when AISC drops off next year... first derisk... then let the dice roll. 

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