I am going to invest all of my hard earned cash into one of the struggling (in terms of stick price) Australian gold miners. Of course BDR with its current low stock price is looking like a good buy and I am looking for more information as to why the price has continued to fall and the company is only currently valued at 100 or so million.
Without having to go thru all of the threads and sift thru all of the information, (sometimes I wish Hotcopper had a stick to the facts only policy...) are there any holders out there that can give us a breakdown of the current conditions at TRY - such as debt, overheads, price of producing ounces and if TRY is looking to raise anytime soon.
I know that they have been going through some refinancing, cashflow issues but if they are producing gold they have to be able to make money at some point in the future.
Is there an informed TRY holder out there who can convince us as to why now is a good time to invest in TRY?
TRY Price at posting:
32.5¢ Sentiment: Buy Disclosure: Not Held
