below 1 dollar now, page-13

I cannot understand why anyone would want to dump TRY at $1...
A dividend paying producer, with expected profit (before Tax) of possibly $25M USD (50k Oz@300USD costs...with Gold at say, $800) just for the Gold, and possibly the same again for the Iron Ore coming into production early next year.
Plus $60M in cash and the Aussie assets including Treatment plant.....$75 M M/Cap

Virtually getting the Gold and Iron mines for free....

I can understand why companies like BRM may sell around cash levels as it may be many years before they earn a single $....but a low-cash cost gold producer that has already brought 5 mines on-line in its recent past?

Must be totally off the radar this one....good time to buy.
Looks like its bottomed out on the chart at multi-year lows as well.

I have bought in yesterday and can't see why with earnings of up to $70M AUS (50m USD) coming down the line, that a target of $4= or more is not justified.

Even if you halve that earnings amount to be ultra-conservative you get 35M AUS less tax= $23M AUS after tax...a P/E of 10 equates to 230M M/Cap.

and that's not counting the cash....or Aus assets.

Add those and you get fair M/Cap of 300M.

Divide by 75M shares= $4 a share.

And earnings could be double these figures once Iron comes on-line.
I realise mine life is currently 5 years only, but they have ample time to extend that longer as they continue to explore the property while mining it.

The current valuation with EV of 15M would make you think they were still an explorer, not a producer.