TRO - TriAusMin Limited

[pharaoh]

Re: TRO - Tri Origin Minerals

Is this still heading up guys?
Seems like it could do very well, a small CDU perhaps?

Only thing worries me is it is underground mining to come it seems, is that going to be an issue?

Pls feel free to give me your opinions.
Cheers...

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

Hey guys,

Long time reader but had to join just to thank the forum for pointing this stock out to me...jumped on at .545! 40% gain in two days nothing to complain about!

The 7bn of metals in the ground for an explorer is definately appealing for the market cap (even now I would think) - I'm just wondering what sort of a percentage of in ground value do these sort of companies usually trade around?


I note one of the previous posters was working with 1% as a conservative estimate - even at this rate the stock still has a way to go...
That said, we wouldn't want to give back the 40% just as soon as we got it..

I mostly invest in more established companies, it's my first time in with a microcap..and what a time to start!

 

[YOUNG_TRADER]

Re: TRO - Tri Origin Minerals

Morning all and what a nice day it is, sun is shining and huh oh my TRO is up another 15% today, mini CDU not just yet, but has potential, with Zinc prices rocketing a 10Mt deposit grading an Equiv of 16.9% Zinc is always good!

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

Unfortunately we're up a mere 8% now...compared to 20% intraday. I wonder if we've reached the peak of the run or its just a bit of profit taking? Judging from Yahoo!'s intraday chart most of the run from .88-.80 has been on low volume.

 

[JoshyJ]

Re: TRO - Tri Origin Minerals

profit takers, exact same thing happened to GDN.

 

[Beethoven]

Re: TRO - Tri Origin Minerals

Unfortunately we're up a mere 8% now...compared to 20% intraday. I wonder if we've reached the peak of the run or its just a bit of profit taking? Judging from Yahoo!'s intraday chart most of the run from .88-.80 has been on low volume.

lol were you expecting it to go up 20% per day??? A rise is a rise especially when profit takers are coming in.

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

tro is going to go up 15% a day...FOREVER!!

I predict $200 by christmas

I wonder if it's time to take some profit myself. The market cap is getting around 70mm, being 1% of the in ground metal value. Not sure what a good exit point would be.

 

[YOUNG_TRADER]

Re: TRO - Tri Origin Minerals

tro is going to go up 15% a day...FOREVER!!

I predict $200 by christmas

I wonder if it's time to take some profit myself. The market cap is getting around 70mm, being 1% of the in ground metal value. Not sure what a good exit point would be.

I remember post CDU reading many articles where 'Experts' said speculators and punters should never pay more than 10% for a companies deposits in ground value, ie $7B deposit = don't buy the shares if mkt cap at or above $700m

I reckon 1% is way too low, 2% sounds very very undervalued and 5% reasonable

I think that $1.50 is jump off point short term,

I will hold through the dips, the Zinc crisis isn't going away overnight and regardless of daily mkt sentiment and fluctuations 1000+ t of Zinc are drawn down a day

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

Down quite a bit today. Seems that after it opened down 5c, guys thought the ride was over and were desperate to dump, chased the price down.Hopefully see some bigger buyers come back into the market and take out the sellers around the 80c mark.

 

[YOUNG_TRADER]

Re: TRO - Tri Origin Minerals

Yeah thats what they tend to do,

They actually sometimes wait till the stock is most vunerable, then dump a bit to break support and wait to see how many weak hands will sell through,

Then its just a matter of the first buyer back in and they all sorts pile back in

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

hopefully so=) - not sure how many big traders would be playing TRO though.

Seeing a recovery in the share price now and the emergence of a few buyers.

 

[YOUNG_TRADER]

Re: TRO - Tri Origin Minerals

Like I said,

1.6Mt of zinc ain't going away and neither is the Zinc crisis,

So while the traders may take it up and down, soon we will get proper mkt support and that won't occur till it gets over $1 IMO

Now where's Martin Place Securities when you need them? There last valustion on this was $157m = $2 approx,

Be interested to see how long they take to step out of the shadows and put out a new report

 

[SevenFX]

Re: TRO - Tri Origin Minerals

Wow

If you were lucky enough to buy at the bottom (70c) and sold now(79-84c), you could have made a quick 10-15c in the first hour, even with limited volume.

I am seeing this moderate retracing (with no bad news) once a [good] stock has been hyped up, as a good but causious time to buy in around the bottom of the range...

What's your thoughts on this YT.

Thanks
SevenFX

 

[YOUNG_TRADER]

Re: TRO - Tri Origin Minerals

Wow

If you were lucky enough to buy at the bottom (70c) and sold now(79-84c), you could have made a quick 10-15c in the first hour, even with limited volume.

I am seeing this moderate retracing (with no bad news) once a [good] stock has been hyped up, as a good but causious time to buy in around the bottom of the range...

What's your thoughts on this YT.

Thanks
SevenFX

See previous posts for more detail but

Positives
1. Mkt Cap vs In Ground Value of Resource = 1%

2. Large High grade Zinc + Copper + Gold + Silver +Lead Deposit

3. Martin Place Security backed (backers of CDU, SMM, UXA, CMR)

4. 51% Owned by Canadian Major


Negatives
1. Has run hard

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

Now where's Martin Place Securities when you need them? There last valustion on this was $157m = $2 approx,

Be interested to see how long they take to step out of the shadows and put out a new report

Is a report in the pipeline?

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

If a buyer takes out this 166K share parcel being sold at 85c then most of the profit takers will be weeded out and TRO could really take off. If we can't then I can't see much short term future in the stock without some good news..

 

[Beethoven]

Re: TRO - Tri Origin Minerals

If a buyer takes out this 166K share parcel being sold at 85c then most of the profit takers will be weeded out and TRO could really take off. If we can't then I can't see much short term future in the stock without some good news..

Seems to me someone is capping the share. A bit of market manipulation today??? I'm not sure but seems that way.

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

Could be but I think it's just guys that bought in at 0.1-0.2 where a 160K parcel is only like $30K, split amongst 6 guys so its $5K each, and now are trying to sell. We'll see, anyway.

 

[Beethoven]

Re: TRO - Tri Origin Minerals

lol maybe but why sell it all at the same price???

 

[stoxclimber]

Re: TRO - Tri Origin Minerals

Probably because its the intraday high - there was a similar quantity being sold at .91 yesterday (yesterdays intraday high if i recall correctly)