TRY 0.00% 3.0¢ troy resources limited

Ann: Earn-In and Share Subscription with Barrick Gold Corporation, page-30

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  1. 926 Posts.
    lightbulb Created with Sketch. 152
    "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)
    1Fully Paid OrdinaryNumber of securitiesPerson’s VotesVoting Power Percentage
    2M&G Plc113,250,000113,250,00014.95%
    3Ruffer LLP67,377,16367,377,1638.89%


 
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