TRY 0.00% 3.0¢ troy resources limited

My thinking is the debt will be paid from this quarter's cash...

  1. 950 Posts.
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    My thinking is the debt will be paid from this quarter's cash flow.

    The silence from the company would have some people a little concerned. However anything otherwise they should have informed the market by now. The money is not suddenly going to appear in the last week. Or is it!!!
    Going through the last few quarterly, it appears they will barely scrape through.
    If that is so combined with the poor hedge delivery......I will be first one to add more to my holdings.
    That is a great signal that the operation is immensely profitable. 14-15c should come into play.

    A bit of accumulation is going on......there is hardly any ready seller at this price. Very few sellers.
    Somebody is happy to absorb the .105's as they are available.

    Lot's of merger and takeover's happening in the sector......this kind of activities happens at the bottom or at the top. Share price of many gold miners suggest we are bouncing at the bottom. Either they should start rising from here or smash the bottom and make new lows.

    I wonder if Guyana Gold Fields will make a move on TRY.

    TRY is looking good for 2019 and beyond.
 
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