TRY and IAU are over 40% of my portfolio in gold stocks....because they are both excellent companies with top shelf management....really professional...(benchmarks in my estimation).
With the IAU hat on I think they are very quietly confident that Tujuh Bukit is going to be world class, they are pinning their hopes on it, with fabulous backing from a great little mine in Paulsons.
With the TRY hat, what a great purchase at a great price!, and when I read the TRY announcement I am filled with confidence that if anyone could get the Caposo baby up and running in quick time it's TRY.
I think when weighing everything up this was a excellent transaction for both companies...
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