TRY now essentially derisked from balance sheet perspective. The sword of Damocles is the gold price. Election related uncertainties exist. We have seen similar situations in the past.
As far as gold mining equities are concerned, I'm praying that we dont have a 2012 Redux. As a buyer of physical, I would love it a thousand dollars cheaper. The dilemma is real...
Im not convinced that TRY has any large roll of the dice plays available to it after this. A setback in nature similar to the smarts wall would be bad. Then again so would a collapsed gold price.
However, in saying that, the company is in such a sweet spot for upside potential, just have to hope that the gods dont screw the company around.
Im not sure if I should continue in the Junior mining sector as a speculator. I dont think my poor heart can take it!
TRY Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
