When gold was trading in the $US600's and TRY was producing around 100Koz p.a. of gold, this was its trading range:-
There has been no dilution of note since that time, so you could reasonably expect it to at least trade at those levels, once production stablizes at 60Koz and the market gets an idea of the time for commissioning of Casposo (probably in late 2010, if past TRY mines are any guide), which would then push production towards 100Koz pa. again.
TRY Price at posting:
$1.63 Sentiment: Buy Disclosure: Held