Best Gold Pick!

I reckon TRY is the best pick in the gold sector right now!


1) NO NET DEBT...
2) New Mine development in Guyana is FULLY FUNDED....and payback is expected in 1.2 years!!@1
3) SP has fallen around 38% since last month....surely helps make up for the added country risk that TRY has...
4) Institutions and existing big shareholders were fine to pay $1.25 a share this year in Feb?
4) They had rock fall issue which hampered production last qtr in argentina....yet all in costs were just $770  making it likely one of the cheapest producers in the world...
5) New Guyana mine is scheduled to start production next year itself....and they are literally just scratching the top of the field where this mine is located.....expect many future resource upgrades as they explore that region more
6) they have a big portion of production hedged till 2015 at 1300 a share..
7) Investec took their options at 1.50 a share for next year...
8) Brazil mine will shut down this year......BUT then Iron ore royalties will start to kick in....

Go TRY!!@!@