TRY 0.00% 3.0¢ troy resources limited

300k volume all day, pathetically low, POG spike ignored,...

  1. 2,060 Posts.
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    300k volume all day, pathetically low,
    POG spike ignored, building FCF & low PER ignored, 500koz deposit ignored,

    12.5c is not real resistance on the way up imho. Its been support on the way down a few times.
    Last 2 times it did not stop here and smashed straight through
    the pivots have been
    8.5-10.0-15.5-17.5-23-34-42-80

    Last CR was at 34c and RIM who took this up is now out at a large capital loss and some large friendly INSTO buyers has soaked it all up from them. Eduardo is also out of the top 20 and Ruffer is strongly supporting the TRY BOD.

    if good drill results come out, do you think it will be capped at 12.5c buy some 20M seller, and who would sell that many at such a low price?! Not Ruffer or the BOD who bought above 30c VWAP.
    No trader would until 16c-17.5c maybe to get a ~40% margin.

    I guess we will see.
    its in a low volume no sell, wait & see pattern.
 
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