I think the big catalyst for TRY will be the resource upgrade following on from the exceptionally good drills last year.
On current conditions (weak gold) I estimate TRY as worth aroung $5.00 but any increase in reserves and resources will increase this.
So I've just bought another parcel of TRY at 4.30.
If you draw the trend line on the yearly chart you'll see we're very close to trend now. A good place to have a turnaround, but also a good place to scare the punters.
TRY Price at posting:
$4.29 Sentiment: LT Buy Disclosure: Held