TRY 0.00% 3.0¢ troy resources limited

The volume has been pathetically low for some time There are...

  1. 2,060 Posts.
    lightbulb Created with Sketch. 1393
    The volume has been pathetically low for some time
    There are really no sellers left down here.
    I have called out this accumulating capping INSTO for some time now.
    Next volume capture appears to be at 15-17.5c again.
    only when this capper decides to buy up and stop his small selldowns with low volume will it move.
    Some other INSTOs should call out his game and run over him like they did with SBM RSG RSM.

    Another few more drill hole assay results in the middle of the depths 20-120m deep or 100-400m further down the open ended line at the same high grades, then we are really going to see the bullets flying, as the market then has to evaluate how big this deposit really is, 400koz, 1Moz, 2Moz 5Moz?

    Kojak said it may be a 600k+ oz world class deposit and a Disallowed
    My estimate is its a 2M oz world class deposit and a 3 bagger to start
    But I wouldnt be surprised if it ran and broke out of this 2 year range.

    With low costs, low expenses, U$400 peroz margins, strong FCF of A$50Mpa, no secured debt by March, friendly bankers, high grade drill results everywhere they look and the mill pumping strongly, whats there not to like?

    TRY should be at 35c like DRM or $1 like GUY on MC equivalence.
    Then add in this new super pit discovery and you might get to a fair value on my maths.
 
watchlist Created with Sketch. Add TRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.