Agree. The one hope and it purely is dependent on the reality of what is in the ground, is that Barrick waits for the issue to fail and takes up the unallocated shares. Then announces a bigger push to develop Troy's holdings. That sort of play can give even a company the size of Barrick a nice quick little profit with very little effort. Time will tell. Troy has fallen a long way from being in the 'Top Stocks 2008 Martin Roth p99' Up till then the 5 year price return (%pa) was running at 11.7%. For Long term holders let's hope this works out better than it currently is looking.
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