I agree strongly that the merger is a very good idea for both parties. I now have TRY as one of the preferred goldies to buy, so long as the POG does not go pear shaped.
My concerns mentioned above remain in relation to the impact of a falling POG on both their current mining operations and their ability to fund their new mine in Guyana. You probably have already noted that over time TRY becomes more of a silver miner rather than a gold miner. This means that if the POS declines proportionately even more than the price of gold (which is what has happened recently) then there is a significant impact on the profitability of the Casposo operation.
loki
TRY Price at posting:
$1.78 Sentiment: Hold Disclosure: Not Held
