Tell me if I am wrong but I think the gold loan at the present gold price will cost Try 2.33 million. That's about 29% interest in under 7 months. Perhaps it might have been an idea to hedge it. Plus the options which I hope the loaner make a killing on. Not liking the fact the loan is secured with company assets. I am losing heaps on Try. I have had them for many years and added as they were falling. It has lowered my average but losing more on paper. xmanrocks has been right so far. Try will need to mine some good grades to come through. I guess I should not be saying this but I guess it is what a lot of investors think. I would like to have seen them have a bit of a buffer before building the OC road. As others have said, there is plenty of gold there but we have had to move to much dirt to get it out of the ground.
TRY Price at posting:
9.3¢ Sentiment: Hold Disclosure: Held
