RE:I sure like Trumph's story...I like everything aswell, but TRIUMPH is bothering me lately.
Poor PR at the end of last years drilling season (horrible timing on ALL PR), no updates for a long time, dog and pony conference show didn't appear to be overly effective. The best piece of news I've seen in the past 6 months wasn't anything from Triumph...but the simple fact that NEWMONT didn't CUT US from their program. They trimmed a bunch of fat, and lost a bunch of deadweight from the Goldcorp buy-out...and thankfully, TIG stayed in. (one Junior minor exploration company that got cut by NEWMONT...they tanked afterwards)
Money is starting to pour into gold...and here we are holding the bag. Triumph needs to get their act together and start updating investors and the market. We're such a small cap...we are off everyones radars. Now they are just reverting to saying "Newmont is a major shareholder" and they think that's going to do the trick. Time to buckle down, and work the market! They should spend some money to do it...like they did last year when the stock price was slipping.
Either way- I'm in this for the long run! And haven't left in 3 years...so don't plan on doing it now.
Here's the rumor- they have some cash on-hand, need to raise capital for this years drilling program, and they have about 6 weeks left to do it (MAX) - or it's going to be a shitty year.
*Fingers crosses*