TRY troy resources limited

TRY Chart, page-5

  1. 3,210 Posts.
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    lol......it is funny that the bulls, say ignore the negative posters, only want to put a positive spin on every new bad situation, accuse though that are being negative as having multiple HC accounts suggesting only one person is negative but using different names to get their point across, continually make comments on what a bargain the SP is, often state that the share price is going much much higher, always state the sell off is over done, often state the SP has hit the bottom and more often than not post non factual information in the form of wishful thinking.
    Being more specific to TRY all this continue's to be done with the SP down 85% in 12 months and the SP at all time lows. This certainly indicates there is more to the story than many of the bulls would have you believe.
    There is nothing wrong with being optimistic but in TRY case some realism of the negative depth of the situation would have saved some investors sheet loads.
    I would imagine many smart investors have at least taken some risk off the table as more negative issues come to light.
    Personally I just can't see a winning situation unfolding from the coming viability report.
    Even if it is not as bad as I suspect the company will be in the unenviable position of needing a cap raise and negotiating bank security again with out having the time or funds to prove to the market, from actual mining results, that the mine is viable.
    Put simply the market requires a turn around in results not another written report on how viable the mine is.
    I don't know why the company or anyone else thinks a written report in one months time is more important than doing a small cap raise now which would certainly give them time to prove the mine is viable which like I said is more to the point of what the market needs to see. I suspect this indicates the report is done more for butt covering than anything else and may will give the company the out they require to shut the mine down.
    All too easy to have an independent report indicate the mines are not viable.....what a great escape for those who have tried and failed.
 
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