TRY 1.41% 7.2¢ troy resources limited

Justis, why do we do this? What makes Troy so special is that...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 999 Posts.
    lightbulb Created with Sketch. 507
    Justis, why do we do this? What makes Troy so special is that even if Ohio Creek becomes a 0.5m to 1m ounces deposit there still is enough growth potential. And these grades mean Troy will become one of those rare gold miners having a significant margin and being a cash cow no matter the gold price. The reason why I do not post on many boards is that I am not a goldbug. I like value stocks and opportunities like Kraft Heinz (moderate bargain, just love the news) or Dynam Japan Holdings (p/e 8, 8% dividend yield, significant net cash on the balance sheet). Troy is better than them all, it is a true value stock.

    There was a recommendation recently where someone compared Troy to Goldsource. They rose more than 100% on drill results. Sprott is putting in $3m at the higher price now. Market cap after everything is said and done $40m. And that is without a plant.

    If the stars align in a perfect way the bull market in gold prices will wait for a couple of years meaning Troy could become a significant cash cow and at the same time have the opportunity to invest in the gold sector, maybe even become a company like Repadre used to be with a business model more focussed on generating streams and royalties.
 
watchlist Created with Sketch. Add TRY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.