Troy has started another move up and is a real favourite of the funds and brokers who seem unable to get all the stock they want without bidding it too high too quick. With the Brazilian mine coming on and the low cost of production Troy looks extremely undervalued. Technically this move should see them clear the old high, in which case the count would be a quick move above $2.00, and maybe much higher. Best way in is through the contribs, well undervalued at around $1.10. Troy at $2.50 would see these double so an interesting play.
TRY Price at posting:
0.0¢ Sentiment: None Disclosure: Held
