TRY 0.00% 11.0¢ troy resources limited

Ever Upwards!!

  1. 237 Posts.
    Troy and the little TRYCA's are still trending up beautifully on charts. Every time there is a pull back, some sustained buying comes in. looks like a patient accumulation. has to be because we know the buyers can't get the stock they want by just going for it. Volume looks better too, so the scenario of much higher technical targets is being progressively fulfilled. No real chart targets that I can see yet, but with a cap of around only $80mil or so, against lesser producers and potentials like OXR, which are capped much much higher, the stock still has amazingly strong upside. A more realistic relative cap of $200mil, underpinned by the increase in production due, would put the stock at closer to $4. At that level it would attract attention from the acquirers. So TRY has a lot to offer and its tightness keeps the buyers honest. Looks to be the chart standout among the golds.
 
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