TRY 1.12% 8.8¢ troy resources limited

hard to justify now

  1. 440 Posts.
    Goodaye all,

    How can anyone justify TRY's current market cap of $151m.

    They have a small high grade mine (Sertao) in Brazil that will be exhausted in 6 months time.

    They have a mine (Bulchina) at Sandstone in WA that is exhausted.

    They have 49% of the Corishman mine in WA that is now closed as uneconomic.

    They have 2 newly discovered deposits at Sandstone of only moderate size & grade.

    They had better get their finger out!

    Cheers .... WJ
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