TRY 0.00% 3.0¢ troy resources limited

very light volume, no volume sellers in sight, Eduardo and RIM...

  1. 2,060 Posts.
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    very light volume, no volume sellers in sight, Eduardo and RIM must be on holiday in russia!
    Yet some INSTO keeps playing games with the stock and match.

    500k offer removed offscreen, the drop to 14.5c only got 400k shares, small capture only.
    If he wants volume capture its at 16-17c like last time so why bother down here as no one is selling down here.

    BOD, CEO and mine manager would know the majority of the Q4 results by now.
    They would know the cash at bank daily and have allocated the U$5M to Investec by now for payment this week, they would know by the cash at bank the costs spent thus far and likely sending expense trade creditors into July for EOFY reasons and tax benefits. This should slash costs for Q4 even further than the stockpile sales as good trade creditors can help you manage Q4 results to even better than they thought.

    Looking at the share price action, it looks like another blowout result.
    Gold price went down and TRY share price has gone up! Its because of the slashed costs and slashed debt.
    The topline is marginal for TRY right now.
    TRY is looking at becoming the lowest cost gold producer on the ASX in Q4.
    720-630- 550?- ?

    19c -27c here we come.
    TRY will FLY.
 
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