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US Takes 10% Stake In Alaska Miner Trilogy Metals
Trump's Industrial Policy juggernaut continues. Moments after the close when we saw some abnormal moves in the stock of yet another North American small cap stock focused on mining strategic minerals, we quickly skimmed through Trilogy Metals' just released presentation and told readers that yet another "Uncle Sam bear hug" deal was in the works, pointing out the company's disclosure of DOD funding to develop a cobalt supply chain. 13 minutes later it was official: the US said it will take a 10% stake in Canadian minerals explorer Trilogy Metals as part of a $35.6 million investment to secure critical energy and ... (full story)
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