GREY:TRYRF - Post by User
Comment by
presto10on Sep 12, 2009 9:09am
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Post# 16300114
RE: And More Good NEWS
RE: And More Good NEWSExcellent news GungHo2!!! All the while we have a puny market cap of what, 68 million shares x $2.30 = 156 million and quite possibly no dilution required to get Casposo online! They've got tens of millions in the bank and quite frankly I wouldn't care if they did raise some more money. You go from .68 (where I was adding and telling my pals like over at ATW about this undiscovered gem) to $2.30 in 10 months - hey why not? ESPECIALLY when it will bring some much needed exposure to this tremendously under-followed company!!! They've put in writing that they are online to produce in increasing oz to meet and exceed 100,000 oz. They own their assets outright. With their ownership of their own mill in Australia they reduced the cost of putting Casposo from $85 to $45 million!!! They have the largest amount of reserves (resources?) in the history of the co. They are now in 3 countries. They have GREAT management, a proven record - and I have added shares in this $2.20 range. :)$0$0$0$0VERY O/T: I know its cruel and very juvenile but I have a chip on my shoulder about ATW because monkey6 told me to f-off when I tried (not once but several times - late 08 into March 09) to bring a meaningful / mature discussion to the ATW board (I sold my ATW to buy TRY and explained why....). When I posted on that board that the co. indicated it would cost $30 MILLION to put ATW's second mine into production all the BS believing regular posters maintained their CODE of SILENCE in order to lure more suckers to the fold. I simply felt it wasn't right.$0$0$0$0$0I admonished the board for their ponzi - like scheme using the unfortunate Madoff reference for which I then apologized by the way, lol! Anyway it is an instructive board on how most SH boards operate, and that's why I follow it, I would much rather this one have few and far posts; to rely on the Company and Facts to get the news out. $0$0$0$0$0Let's quietly let this co. to get to $3 and $4 before the masses learn, for all I care! The real point is this: Troy is still cheap and has great value. Yea I can read a chart or two but don't let that precipitous rise fool you. If you know about investor behaviour (that makes most of us LOSERS) then you will know that the great tendency is to let the losses run and to cut the profits short. It is to sell to 'take the profit' and not to let the winners run. There will be a correction at what level I don't know. If the USD does correct and go to .85 then all gold stocks will correct. You can bet there will be many eyes on TRY all the while, to get IN. But the inevitable will happen and the USD's long term move will continue and gold is where you want to be. JMHO.$0$0$0$0$0presto10$0