TRY 0.00% 3.0¢ troy resources limited

Ann: Corporate Update, page-18

  1. 60,008 Posts.
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    Yes Barrick walked away from try, they sent a few $mill to do a bit of exploration on some of try tenements and decided to pull out for what ever reasons

    Me a smart guy ? I would not claim to be

    What I have is being a SH of try for a pretty long time, after getting that first unexpected divi I started to follow try more closely

    "but saying you don't blame management after they kept on hitting duds with their exploration. Please."

    Hate to think what the average exploration company ratio is for hitting duds vs jackpots or even half decent deposits but I imagine more oftern than not most are duds.

    Yes agree try paid too much for Azimuth, the grades where lower that what try was lead to believe.

    "Please inform me where that "exceptional potential" got us in the end? "

    Well while try didn't realise the "exceptional potential" that is not to say "exceptional potential" doesn't exist. IMO Smarts under ground alone had very good potential and there was much more land that had only had the surface scratched

    Just throw it out there, Barrick only had access to about half of try land holding. I would not discount the idea they would look to acquire Karouni



 
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