thoughts , page-2

From memory TRY have paid dividends11 successive years.

Their long standing earner at Sandstone WA has closed.

They are having mixed success in Brazil

Casposa (Argentina) is where all the action is.

Negatives first.
Agentina ( Possible Sovereign risk).
Dry tailings (because of fear of flooding from snow melt) require different technology, (apparently sorted out).
Directors selling (actually history shows this is a positive in the medium term, IE no bad news).
Low mine life. (AT THIS STAGE)

Positives.
Mine nearing full production.
Silver credits actually near double what TRY publicly claim. Meaning very low production cost/oz.
Plenty of leads in tenements to acquire greater resources and increase reserves.
San Juan is positive to mining.
Board squables from last year sorted out.
Only 87m shares on issue.

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