Nuts!
Barrick is taking a vital yet small stake here in Guyana with TRY.
They are known for massive low grade pits at massive cashflows.
If Barrick wanted to stuff TRY they would be offfering it junk bonds and buy tenements in full, they would NOT be taking allegedly worthless equity.
Why would they pay $1.2M for nothing heck why pay $1 for it then! Nuts!
You clearly dont agree with the experienced global corporate investment team & directors of Barrick.
You think you are better than them?! Nuts.
Barrick wouldnt take shares instead of giving junk bond loans or take tenements if it was a black hole, no they INVEST & find cheap great tenements & new BIG mines.
Barrick are no rabbits & they are NOT stoopid.
they are BIG BIRD!
This is just the start of a massive relationship me thinks.
They have all the cash and resources TRY could ever want but trust the TRY team.
they could swallow TRY whole for 10c if they wanted to but no they are relying on TRYs local experience and staff teams & clearly they love TRY geo team of superstars.
I mean why disband the A team if they are on fire and just discovered the highest grade gold hits in the region. & likely can keep doing that.
today the lows got swiped up and more good TA support shown.
And you didnt listen to me at 3.6c to BUY did you,
Now you looking to buy at 4.4c, haha.
We are a few steps from a massive rerate imho
RECORD LOW BUYZONE here, yes a BUYZONE, and BIG BIRD BARRICK is on our side.