Hell no.......... I would not buy shares in this @ any price. The latest cap raise proposal is purely to pay down some creditors and to keep the company on life support. Very little of the new funds are for investment. They don't even have all the regulatory approval for going underground nor all the funds for that. Really you have to wonder who is actually gonna benefit from another round of mass dilution without the company having funds to invest in actual mining. I would suggest the current interim CEO is on a good wicket with a charge up consultant hourly rate of $300 plus expenses. Interesting with Barrick in the background yet did not come to the cap raise party. Obviously they are happy just prospecting and why would you not be TRY in there desperation sold them 10'S of millions worth of drill data and a farm in agreement for bugger all.
TRY Price at posting:
3.7¢ Sentiment: Sell Disclosure: Held
