Trident up 29.9% in One Day. I Told You So

Bob Moriarty
Archives
Jan 15, 2026

Trident (ROCK-V) was up $.66 a share on Tuesday or 29.9%. I wrote a piece six weeks ago about the company where I said:

As of last Friday, ROCK had a market cap of only $45 million in spite of having a high grade 2 million gold ounce resource and $12 million in cash and shares in the bank.

That’s not just cheap.

That’s absurd.

Shares were $1.43 back then. Now they have more than doubled with the company having a market cap that went up over 100% in six weeks. I told you so.

Here is why.

Those are Great Bear kind of numbers. Remember Great Bear? That’s the Canadian junior lottery ticket that went from $.50 a share to $29 a share when Kinross took them over in early 2022.

One giant difference is in the price of gold. $1800 an ounce then and $4635 as I write or almost three times higher. Another is the share count difference. Great Bear had 57.8 million shares when Kinross bought them. Trident has 32.6 million. If someone thought Trident was worth what Great Bear was worth, Trident would be selling for $55 a share. Great Bear had more gold but Trident is still drilling. The company has only released thirteen out of nineteen holes.

Trident is an advertiser on 321gold. I participated in the last private placement they did and have purchased shares in the open market. Obviously I am biased. When you are doing your own due diligence please go through their excellent company presentation.

Trident Resources Corp
ROCK-V $3.02 (Jan 14, 2026)
TRDTF-OTCQB 32.6 million shares 
Trident Resources website

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Bob Moriarty
President: 321gold
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321gold Ltd