TSXV:TM - Post Discussion
Trigon Metals Inc
> ?????????????,,,,,,,,,,,,,WHY Are We @ 18.5 CENTS !!!!!!!!!!
Post by
Red_Deer on Aug 03, 2023 3:48pm
?????????????,,,,,,,,,,,,,WHY Are We @ 18.5 CENTS !!!!!!!!!!
One Reason MAY be the ANNUAL FINANCIALS Which Have Been JUST RELEASED.
The INCOME STATEMENT Shows that the OPEN PIT Mining and CONCENTRATE SALES
Last Summer Produced a SIGNIFICANT LOSS of $USD 1,004,000.
This LOSS is the DIRECT RESULT of the Copper Concentrate COMING IN at LESS THAN 20%
The CURRENT OPEN PIT Mining WILL HAVE to Produce MUCH BETTER RESULTS__Likely
HIGH 20s Copper % In Order to END UP With a PROFIT eh ???
https://ca.finance.yahoo.com/quote/TM.V/financials?p=TM.V
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