TRY 0.00% 3.0¢ troy resources limited

Guyana Super Pit Discovery, page-174

  1. 1,674 Posts.
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    I've been kicking back watching events unfold in the TRY space... 


    I originally got into TRY and sold out near the peak in 2016 for a decent 3-4 bagger, in hindsight, a great move!


    I got back into TRY, but saw the pit wall failure cripple the SP and took tax loss selling. 


    With recent exploration success, management changes, debt reduction, AISC reductions... TRY is again look like a good junior goldie with a MC of only $55m. They definitely need to commit exploration funds to Spearpoint, Larkin and Ohio in 2019, together with the other prospects. 


    Spearpoint and Larkin are looking like decent 300m+ long satellite pits of decent grades, widths and depths... and Ohio is on a different fault and with these early drill grades i would be getting a few rigs there asap. If material if virtually at surface, and all approvals are in place, you could throw a bit of 10+gpt material through the plant and kill the debt issue by Q2 2019 (perhaps wishful thinking). 


    Anyway... good luck! i might jump back on board this previously sinking ship, which has been refurbished... and looks to be good for another 10yr+

 
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Currently unlisted public company.

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