Can only imagine how difficult it is to explore in Guyana let alone find that elephant but as we know, Guyana shield is the final frontier in gold mining and possibility of finding an elephant is worth putting an effort in.
While there has been relatively little modern exploration done in Guyana and most of it has been done at near surface, very little has been done at depth. Smarts underground is showing the potential of what may lie at depth and will serve as a model for future exploration at depth.
Omai are also is showing the potential of gold at depth, Goldsource has the Eagle Mountain project are proving up gold but they are still focused on near surface deposit. Both these companies are purely exploration companies that have a long way to go before becoming producers
TRY are in the unique position of having a production plant in place, all they need is ore to feed the mill and the Smarts underground can provide that ore and while atm that is limited it's a good starting point.
Sadly we lost Ken Neilson, much of try success in the past was thanks to Ken.
Anyway look forward to seeing how good of bad the rights issue turns out, that will paint the picture of what the future holds
TRY Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
