BH,Agree with all that. I topped up yesterdayOnce the deal is...

BH,

Agree with all that. I topped up yesterday

Once the deal is consumated, some guidance on timeframes would be good. 12 months sounds reasonable... Casposo sounds more advanced than Andorinhas was (which took 16 months from acquisition to first pour). So perhaps June next year...?

By then TRY will already be producing 50,000ozpa in Brazil and 30,000ozpa at Sandstone.


But TRY really is for the patient investor. They always under-promise and over-deliver. No spruiking the price up, just the required amount of info. And a steady increase in fundamental value, year after year.

The only difference now is that their share price is at lows that in no way reflect the gold price, their assets or their profit outlook.


IMO, TRY will be at least $2.50 by the time the first gold is poured at Casposo. Who knows what the gold price may be by then...