Have decided that TRT is half a punt- half a keeper.
- With such a low MC it wouldn't take much in the way of good news to see a doubling or trebling of this price. At which time I can take a nice 30-50% gain.
- But with some big licks of land and seemingly good resources that just need to be characterised this could easily have legs to reach a MC of $100m (still a minor player), more than a 10 bagger. So holding some seems prudent.
- Also worth keeping an eye on TRTO, and grab anything under 3c, for a hefty bit of leverage (they don't expire until March 2020).
So, a bit of bet each way, but (as the song goes) the only way is up...
PS. I have no more vision than any other mug punter in this game, but do read a bit....DYOR
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