An interesting development, confirms what I have thought all along that try tenements is highly prospective. It's not a big commitment by Barrick but they are not know for messing around with little stuff.
Dare say Barrick have a bigger picture in mind, the subscription of 4.9% puts them just under the substantial share holder mark so be interesting to see if they have been buying shares on the market or do so. No doubt Barrick will be keeping a close eye on TRY, they have truck loads of cash and acquiring try at the current market cap would be like spending petty cash
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- Ann: Earn-In and Share Subscription with Barrick Gold Corporation
Ann: Earn-In and Share Subscription with Barrick Gold Corporation, page-5
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