here comes try!, page-15

Up 11.79% "out of the blue" today.

Now while imo obviously way undervalued, this market at present is undervaluing just about every decent gold stock considering gold is over US$900 and AU$1400.

So I speculate:

1. Is there a punt developing that TRY could be announcing some excellent news shortly? Some guesses:

a) Excellent cost effective production news from the mine being ramped up by TRY.
b) A significant new gold discovery.
c) A significant acquisition or merger.
d) With iron ore demand appearing to pick up could TRY have entered into a sales contract with a buyer?

2. Or is the movement in TRY caused by some gold stock investors realising that with $60 million in cash TRY are one of the better class junior gold producers and deserve to be substantially revalued. (Remember TRY did an on market buy back in 2007 and 2008 and Management saw TRY as undervalued at over $3.00 a share as some buy back prices were above $3.00.)