Yes yes TRY has been a disaster. I don't think anyone is in disagreement about that.
Its whether the mine will turn around or not is the big debate. Xmanrocks says No because of the historical poor performance to date, Kojak says Yes because of the where they are in the mine plan (deeper in the pit lower strip, better grade control).
I'm leaning towards the YES camp.
Just need to wait till this seller is exhausted.
On a different note, it seems like the buyers won today. Still above average volume but reducing slowly. No sub holder notices yet either.
There was a large 1M buy around 1230pm. That's the first large vol up move I have seen since 10c broke. Does this mean the behaviour (trend) is about to change? Probably need to wait a few days to find out.
TRY Price at posting:
9.2¢ Sentiment: None Disclosure: Not Held
