re: gold production ## good times coming Apart from a very aggressive exploration programme which should substantially upgrade the Sandstone area (Lord Henry, Lord Nelson) as there are a number of very interesting targets, TRY have also signalled their intentions to ALSO grow by acquisition.
TRY are cashed up to the tune of about $27 million as of 30th. June.
TRY have also signalled their intentions in Sth. America. They don't intend to say, Sertao will be mined out in 9 months, let's pacl our bags and leave. Not only are they aggressively exploring multiple targets there, but TRY are clearly in Sth. America to stay.
From their last quarterly report:
"TROY OPENS EXPLORATION OFFICE IN BRAZIL
Troy's newly appointed Exploration Manager for South America, Mr Chris Spurway, has arrived in Brazil and the Company's office in the capital city of Brasmlia is now
operational. The office has been given a mandate to evaluate new business opportunities and conduct exploration activities in South America."
re: gold production ## good times coming Apart from a very...
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