West of Mpls MN about 50 miles on Hwy 12 | Little known Trilogy Metals stock did quite well the other day...I wonder how may politicians and/or their family members somehow knew to invest in Trilogy Metals before the announcement was made?
https://finance.yahoo.com/news/trilogy-metals-stock-explodes-on-news...
Canadian mining company Trilogy Metals' stock (TMQ) soared in trading on Tuesday after news that the Trump administration is taking a 10% stake in the company.
Trilogy Metals shares jumped more than 230% before slightly paring back to a gain of 211% by the closing bell on Tuesday after Reuters reported Monday night that the administration is investing in the Vancouver, British Columbia-based company and permitting an access road to a potential mining site.
The administration has invested $35.6 million for a 10% stake in the company, with warrants for a potential additional 7.5% stake, according to Reuters. Trump also signed an executive order instructing federal agencies to permit construction of an access road to Alaska's Ambler Mining District, which contains "extensive deposits of copper, silver, gold, lead, cobalt, and other strategic metals," according to a White House press release. |