12.5c was prior support pivot, its shown minor resistance but is not a real resistance point imho
We saw this on the way up to 17,5c and the hold at 14c on the annual chart
the historic pivots are 8-10-17.5-23-35-45-80
3M volume will take this to 17c easy imho
INSTO accumulation buyer is still here working his volume cheaply but the volume capture is very low right now
that isnt much as RIM & Eduardo are long gone out of the top 20 now.
When those further drill results come out, may run to 17 then 23 then a multibagger to who knows.
A 1Moz JORC resource plus a new 1Moz resource at Ohio creek with $50M FCFpa & no secured debt is not what the market is pricing this at at all.
DRM is at 35c with more debt and cash at the same production and higher costs!
Theyve got no Guyana shield 240km strike length like TRY has to work with.
Theyve got no super high grade gold hits like at Tallman open pit. Nowhere near it
TRY will FLY!
TRY Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held