@Samboy69......above was a good post apart from the typo U1.3M A...

@Samboy69......above was a good post apart from the typo U1.3M

A lot of junior gold stocks are undervalued.

TRY is extremely undervalued. That doesn't means everyone will jump hand over fist to buy.
TRY will remain undervalued until few boxes are ticked.
I think this management has learned very painful lessons, including the shareholders.
Now management have become expert in running tight ship.

If they can pay the September Investec Debt Repayment from cash flow.....that will be a great news for everyone. I think management should give an update about the debt repayment........but I am thinking if anything otherwise they would have informed the market by now. So my thinking is the debt will be paid.

Debt paid off by the end of 2018.
Ridiculous gold hedge ends at the end of 2018.
Operation turnaround evident in 2018.


No debt, no poor hedge and a little bit of help from the gold price........All this is shaping up for a good year in 2019 & beyond.

I am buying slowly...no rush....plenty time to accumulate.