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60,920 Posts.
727
07/08/13
16:07
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TRY Share price has gone to crap but so have the other gold stocks.
Now I see an article in yesterdays financial review "good time for brave to buy goldminers"
Makes for interesting reading in that good operators with low debt and cash in the bank can pick up bargains.
With that I note the last two lines in TRY Digger and dealer presentation
"Looking for (the new) next opportunity"
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"Mergers and consolidation need to continue"
Try has been good at this, very selective during times that it seemed not much was on offer but now it would seem there are lots of opportunities.
I imagine TRY have the team moving ahead with the Guyana project and now Paul Benson would be back evaluating the next opportunity as stated.
For me SP is disappointing but having seen TRY grown from humble beginnings I'm in for the long haul.
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