TRY 0.00% 3.0¢ troy resources limited

Ann: Karouni Gold Project Update, page-125

  1. 3,201 Posts.
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    what would also be interesting is ownership structure of the many consultancy companies they have used.

    One thing that should be talked about more but seems to be brushed under the carpet is just how complex the ore has turned out to be.
    This has caused significant problems way more than just a passing comment from the company now and then....... I also suspect was one of the reasons Martin Purvis resigned as CEO.
    As for the price they paid that was all in shares so no burden of leveraged debt, this gave them the best opportunity to be successful.

    The real reality is the gold price climate over the last 5 years have given them every opportunity to succeed.......this would have been over long ago if gold was in the $1200 range when they first started in Guyana.
    More to the point the average price of gold in the last two years has been $1750 USD and TRY has still been run into the ground.

    No worries though kennyboy gonna pull another rabbit out of a hat soon........hopefully a live one for a pleasant change
 
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