Pat Donnelly: If You Like Copper Medium to Longterm then Trilogy Metals is an Ideal Investment

Mining Stock Education - Podcast tekijän mukaan Mining Stock Education

Kategoriat:

Pat Donnelly provides an analysis of the current copper market and provides an update on Trilogy Metals’ progress and how the company is navigating through the current crisis. Pat stated, “ there's no other assets in the world that have the quality and the grade that we do. And matter of fact there is very few good copper assets out there. So I think eventually we will be taken out [by a major miner]. The last few acquisitions of all the copper assets, have always gone for a good premium over their share price and the premium over their NAV. Regardless of the market situation, we're still running out of copper and specifically we're running out of high grade copper…[Trilogy] is an ideal story where if you like copper… we are a good call option on the medium to long term copper [price].” Pat is the Vice President, Corporate Communications & Development for Trilogy Metals and has a broad range of experience in mineral exploration, capital markets, corporate development and investor relations. 0:15 Introduction 1:20 What is going on in the copper market? 3:19 Some copper mines to remain offline after COVID-19 crisis passes? 4:36 Further copper price depression will amplify future copper bull market 5:29 Trilogy’s JV partner South32 is in excellent financial shape 8:18 EIS completed for proposed access road 9:29 Update on the CEO search? 10:46 Insiders currently buying Trilogy shares in the market 12:58 JV is fully funded; Investors have no share dilution risk for years 14:04 Summer exploration season could be impacted by current crisis https://trilogymetals.com/ Ticker: TMQ in Toronto and New York Trilogy Metals Inc. is a metals exploration and development company which holds a 50 percent interest in Ambler Metals LLC which has a 100 percent interest in the UKMP in northwestern Alaska. On December 19, 2020 South32, which is a globally diversified mining and metals company, exercised its option to form a 50/50 joint venture with Trilogy. The UKMP is located within the Ambler Mining District which is one of the richest and most-prospective known copper-dominant districts located in one of the safest geopolitical jurisdictions in the world. It hosts world-class polymetallic VMS deposits that contain copper, zinc, lead, gold and silver, and carbonate replacement deposits which have been found to host high-grade copper and cobalt mineralization. Exploration efforts have been focused on two deposits in the Ambler mining district - the Arctic VMS deposit and the Bornite carbonate replacement deposit. Both deposits are located within land package that spans approximately 172,636 hectares. The Company has an agreement with NANA Regional Corporation, Inc., a Regional Alaska Native Corporation that provides a framework for the exploration and potential development of the Ambler mining district in cooperation with local communities. Trilogy’s vision is to develop the Ambler mining district into a premier North American copper producer. Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Trilogy Metals is an MSE sponsor. The forward-looking statement found in Trilogy’s most-recent presentation applies to the content of this discussion. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. Visit our website for our full disclaimer.

Visit the podcast's native language site