I posted an email to Try management asking if they had looked at...

I posted an email to Try management asking if they had looked at resources and potential takeover of MUN and others (not IGR though). CEO wrote back overnight and explained that these options had been thoroughly looked at but was not in the interest of TRY's shareholders.

Firstly this tells me that TRY are obviously looking around and are not going to sit on their cash unless they cannot find anything affordable. Secondly, it explains that they are doing their due diligence with respect to acquisitions or expansion of gold assets.

Better to take time to look at all options rather than throw money down the toilet just to pump up the sp.