TRY troy resources limited

Nice cleanout to 8.9c today by a small buyer. Au price drop has...

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    Nice cleanout to 8.9c today by a small buyer.

    Au price drop has flushed out some sellers last 7 days but as we can see on the chart, not many and very low volume yet again, and yet again its held well above the 5 year lows of 7c and looks headed back to 9c-10c flatline again.

    Also no news on Nov Dec production or the Ruffer cap raise meaning they dont need it at all right now meaning strong cashflows from smarts 3 are real.
    the AGMs impressive tenement display shows TRY current mine is surrounded by high grade Au hits all around and in the Smarts deeps.

    Debt is quite low and sales still flowing.
    Market expects production at below 10,000 oz this Dec Quarter rather than the guided 17,000 and AISC at 1240 as previous rather than the estimated 950 with the high grade production.

    TRY chairman stated at the AGM, positive results so no news is good news,
    cheap shares anyone as no one is selling much of any down here.
 
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