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Troy Resources Ltd T.TRY


Primary Symbol: TRYRF

Metals & Mining Gold
Troy Resources Limited is an Australia-based junior gold producer operating the Karouni project in Guyana. The Company, through its subsidiary, Troy Resources Guyana Inc., operates Karouni gold project. The Karouni Gold Project is located within the country of Guyana. The project is centered at 5º37’N and 59º05’W in the central-northern portion of Guyana and lies approximately 180 kilometers (km) south-southwest of Georgetown. The project straddles the regions of Cuyuni-Mazaruni and Potaro-Siparuni and can be accessed through air from Georgetown to the airstrip on-site. The Company is focused on brownfields and greenfields exploration. The main Karouni mining areas of Smarts and Hicks are located on a central large mining license. The Company's prospects include Spearpoint Prospect, Larken Prospect, Hicks 1 Extension, Hicks 1 Extension, Gem Creek Prospect, Upper Itaki, Kaburi Hills and Ohio Creek Prospect.


GREY:TRYRF - Post by User

Troy Resources Ltd
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Comment by presto10on Jan 17, 2009 11:17am
291 Views
Post# 15711099

JMO...

JMO...Obviously I'm on record as really liking TRY.  Looking at the gold action these past few days, it would not surprise me in the least if TRY does not go back to .80.  Why?  Because it is so friggin illiquid!  You only need one serious buyer and you are chasing it.  I'm not ready to hold my breath on that one as we 've had very few of those it seems!

Lack of volume begets lack of volume.  Fire the market maker!  The fundamentals of this co. are such that if we ever got covered by just ONE big mouthed newsletter writer (defined as reposted on kitco) then it goes to a buck (20% upside from Friday's close) just like that.  Would someone please explain to me why, if newsletter writers had your interests at heart, why one jr can have 6 writers pile on, and the other have none of that variety?  TRY isn't going to da moon next week or the week after, but it could be some time before we see .80 again.  I must have NLW envy, lol!

LRR has had a great pop on the CSM takeover.  Come on TRY get while the going's good or someone could take a run at you for your cash!

p10
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