TRY 0.00% 3.0¢ troy resources limited

Troy weeks away from production at Karouni, page-3

  1. 1,323 Posts.
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    These guys will be $0.05 before Christmas...... They are blaming customs in Guyana for a delay in the plant construction..... Yeah the dog ate my homework for about 20 billion in admin costs...... Come on get a better customs broker...... Yet Nielson will still get a gadzillion dollar bonus, the MD is getting a fortune, and exploration haven't found an ounce of gold.

    The board of Troy absolutely knew that they would not be in production in July when they did the raising..... Plain and simple they lied and should all be stung up......absolute toss any of the raising would be used for exploration it was to shore up the balance sheet..... they will be lucky to have the funds to be able to pay a one armed field hand with a machette to get even a grab sample to the lab.

    Troy trot out some old exploration data as priority targets that they portray as their genius minds having come up with and hope that with about a $5 drilling budget they can extend the mine life by 30 years..... I mean come on.


    Ever try starting a mine..... there are lots of teething problems for quite a few months..... Troy will make the 1st $10 M payment to Investec in Setpember the next in December is going to be hard and the one after that they will fail and be eaten by Investinsect like a female praying mantis feasts on the male after sex.

    Bad luck to the Jones family they started a great company and gave away power to has been big corporate wanna bees who didn't have enough grease in their pockets in the first place......Over the next 6 months we are about to see a value rout turn into a value blood bath that will make the Somme look like a romantic Sunday afternoon picnic.

    The time to buy is when Investec pull the plug and you can get the whole lot for about $1-$1.50 (USD because it's higher than the Aussie) with a bit of debt renegotiation.

    Have a nice day guys !
 
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