Have a think about this information. Cash costs of $90 an ounce for gold production. That is mind boggling these days.
We're not talking about just a few thousand ounces of gold production a year, but many thousands.
Now imagine what share price a tightly held TRY could go to with only around 70 million shares on issue, especially as gold could be trading well in excess of US$1000 and gold producers could well become market favourites.
That's not to forgt that TRY is currently producing gold elsewhere and has been a dividend payer for years!
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gold production at $90 an ounce!!, page-3
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