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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (135984)	11/13/2008 8:32:42 AM
From: Condor	Respond to of 313814

Troy Resources CEO acquires 60,000 shares Troy Resources NL (C:TRY) Shares Issued 69,834,533 Last Close 11/11/2008 $0.66 Wednesday November 12 2008 - News Release Mr. Paul Benson reports TROY RESOURCES NL: CEO ACQUIRES ADDITIONAL SHARES Troy Resources NL's chief executive officer, Paul Benson, acquired an additional 60,000 Troy shares as an on-market purchase on Nov. 11, 2008. Commenting, Mr. Benson said: "This is simply a reflection of the fact that in my opinion Troy is trading at a significant discount and offers extraordinary value. Troy currently has approximately 80 cents per share cash, thus at these levels, you are essentially getting the Andorinhas gold mine, the Sandstone gold operation, the Andorinhas iron ore reserve and the Cobar gold processing plant (currently in storage) -- all at no cost. "At the moment, equity prices are reflecting the fact that there are simply more sellers than buyers. Unfortunately some people are in the position where they are forced to liquidate their investments. Eventually however, share prices will reflect underlying valuations. Troy is trading below cash backing, and with operating gold mines, no debt and no hedging, I am happy to put my money where my mouth is." Information of a scientific or technical nature in this report was prepared under the supervision of Peter J. Doyle, vice-president, exploration and business development, of Troy, a qualified person under National Instrument 43-101 -- standards of disclosure for mineral projects, a member of the Australasian Institute of Mining and Metallurgy. Mr. Doyle has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration, and to the activity he is undertaking, to qualify as a competent person as defined