Patience, page-144

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Rothbard

967 Posts.

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23/05/17

10:28

Post #: 24851991
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Originally posted by xmanrocks ↑

I agree with you totally but would have to add running out of cash fast on the back of your 1,2 & 3 points means some form of cap raise is to be undertaken in a very poor business position.
LOL........some on here say just read whats written rather than between the lines well if you are going to do that I suggest you should read the actual results as well rather than have wishful thinking for the future.
Surely the SP performance would tell anyone that has held from say 80 cps to 9 cps that just reading whats written rather than joining the dots including what the SP performance is telling you is very detrimental to ones bank account.
Unfortunately management of any company that is in trouble need to play the role of trying to supply the market with positives to keep the ball rolling, especially when a cap raise is on the cards, the up coming mine report will be a classic example and will give the wishful thinkers something to grasp onto.
Sure 9 cps is much better risk versus rewards than 80 cps but TRY management have run the business model into the ground(flush it down the toilet more like) and are going to come to the market place with a terrible mining results only offering hope in the form of a new mining report........one of the worst position possible to try and get a successful cap raise done.
Would like to add this could turn around but I don't believe it will ever be what was promised 18 months ago and the amount of shares on offer, after the next cap raise, will put a major dampener on any turn around of the SP.
It's also pathetic that some have a crack at my negative motives, the company is doing a great job of that all on their own.......new all time low reached yesterday

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'new all time low reached yesterday'

This is not correct. TRY has traded as low as 4.7c. A few decades ago admittedly, but prior to reaching those levels it had traded as high as $1.80.

TRY Price at posting: 9.1¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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