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Bullboard - Stock Discussion Forum 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... see more

TSXV:TM - Post Discussion

Trigon Metals Inc > !!!!!!!!!,,,,,,,,,HUGE PROFIT.......USD $13,439,695 !!!!!!!!
View:
Post by Red_Deer on Jul 30, 2024 4:10pm

!!!!!!!!!,,,,,,,,,HUGE PROFIT.......USD $13,439,695 !!!!!!!!

Trigon reports a profit from continuing operations of USD $13,439,695 for the three months ended March 31, 2024 and a net loss of $1,474,523 for the twelve months ending March 31, 2024. Results were heavily skewed by the positive revaluation of the liability associated with the Sprott Streaming agreement, to align with the Company’s NI 43-101 SRK Feasibility Study (the Feasibility Study can be found under the Company’s profile at www.sedarplus.ca and on the Company’s website).

IF AnyOne Can FIGURE Out WHAT THIS MEANS__You GET a GOLD STAR eh !!!!

BOTTEM LINE is that We DO NOT Know IF There REALLY WAS Any PROFIT Without
the ""positive revaluation of the liability""
Comment by Red_Deer on Jul 31, 2024 5:33am
DownLoaded These REPORTS From SEDAR and Upon READING Became OBVIOUS that Trigon as of end of March Quarter WAS Still NOT ACTUALLY Profitable on a CASH FLOW BASIS. And NOW With the Price of Copper WAY DOWN From the March Quarter__WILL BE a  TOUGH ONE for Trigon to Report ACTUAL Cash Flow PROFITS The ONLY HOPE of Course IS That the UNDERGROUND Ore Production WILL RISE a LOT MORE as the Copper ...more  
Comment by AlfTanner on Jul 31, 2024 2:48pm
I was very disappointed by the press release for Q4 earnings.  They did not tell us the adjusted earnings for Q4.  How hard is that to communicate with investors?  You cannot tell that from the annual report either since it just reports from the whole year.  I guess you have to take the annual report and subtract Q1, Q2 and Q3 just so you can figure out what actually happened ...more  
Comment by Red_Deer on Jul 31, 2024 3:33pm
IF the Results HAD BEEN GOOD__THEN Management Likely WOULD HAVE Reported Them__And CLEARLY eh !!!!
Comment by Red_Deer on Jul 31, 2024 10:40pm
What DisAppoints ME the MOST is That Management KEEP on NOT REPORTING the  COPPER CONCENTRATE %% GRADE__Which IS a NORMAL REPORTED DATA Point For Virtually ALL Producing Mine Companies ALL That Management REPORTS is the GROSS REVENUES
Comment by ForesstGump on Aug 03, 2024 12:32pm
But is everone avoiding the location.
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