GOLD 0.51% $1,391.7 gold futures

With respect, rowingboat, TRY and MUN cannot be compared.TRY has...

  1. BH!
    2,521 Posts.
    With respect, rowingboat, TRY and MUN cannot be compared.

    TRY has a long history of bringing mines into production, paying dividends and determining JORC resources and reserves, along with $60m in the bank and a commitment (which is highly believable) of 50koz p.a. production.

    MUN has vague promises, something it calls a "conceptual resource statement" containing an "exploration target" of +2m oz. They have started mining without any JORC and their most recent update says that some amount of gold is being processed, however they don't say how much.

    IMO, MUN is a "black box" full of promises, whereas TRY is an "open book" full of cash.
 
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