Its not only TRY. It seems its a common thing with Junior Goldies on the ASX. Ever since a couple have had issues regarding oz in the ground vs what was estimated, there has been an exit of junior miners due to the belief , right or wrong, that the risk in them is too high. Also it is rebalancing time for fund managers , so cashflows in or out depending on this, thirdly there is probably some end of financial year selling for tax loss purposes, so i believe a perfect storm is brewing and if you check you will find most junior miners will recover into the new financial year so may present as an excellent time to buy at a discount. My shares in WAF and RMS are both down as well, but maybe RMS is because they brought out a five year mine plan that didn't excite the market and with WAF there is always sovereign issues with violence well away from where there mine is. Just wish i had more cash to take advantage of these ripe prices.
Christopher
TRY Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
