A rights issue to existing shareholders may have struggled given the amount of water that has passed under the TRY bridge. This way is clean and quick, granted it being opportunistic by the incoming investors given the timing of POG regaining momentum, TRY turning around, and the possibility of a new discovery (albeit not Samboy's superpit).
Dare I say it, could it be the last hurdle before a clear run down the straight? Don't put your house on it, much better gold stocks to take on this next leg, but obviously TRY has some significant upside if it all lines up.
TRY Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held