"More importantly Barrick want TRY tenements & shares, a BIG vote of confidence."
Troy is a T/O target and Barrick will have to pay much more than 4.1 cents per share.
1. US inflation is understated, Gold is very likely to rise.
2.Smarts is high grade .
3. The Mill is fully paid for.
4. Huge highly prospective ground area.
5. Tax losses.
6. M&G. Ruffer paid dearly for the shares they hold and I doubt if they sold any shares recently.
6 October 2020
SPECTACULAR RESULTS CONTINUE FROM FIRST HOLE AT
SMARTS UNDERGROUND
Highlights
• First hole from a 3-4 hole drilling program to define an initial ore Reserve at Smarts
Underground has delivered a spectacular intersection (SDD188):
• 1m @ 57.60 g/t Au from 221m; and
• 3m @ 10.30 g/t Au from 261m; and
• 13m @ 13.74 g/t Au from 273m; including:
o 2m @ 36.95 g/t Au from 273m
o 2m @ 20.34 g/t Au from 277m
o 1m @ 56.13 g/t Au from 284m
Substantial Shareholders (as at 31 December 2020) 1 Fully Paid Ordinary Number of securities Person’s Votes Voting Power Percentage 2 M&G Plc 113,250,000 113,250,000 14.95% 3 Ruffer LLP 67,377,163 67,377,163 8.89%
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