TRY 0.00% 3.0¢ troy resources limited

I agree.There are not too many debt laden juniors/explorers.Most...

  1. 770 Posts.
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    I agree.

    There are not too many debt laden juniors/explorers.

    Most have cash for exploration and pay their debts as they arise because they don't get terms.

    Troy is now an explorer with a $10m gold loan and $25m in trade creditors. Cash about $9m at last quarter.

    If the news from smarts underground is delayed or below expectations I think Troy will be cooked!

    GLTA
 
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