GREY:TCEGF - Post by User
Comment by
segltechon Apr 22, 2013 6:15pm
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Post# 21285983
RE: RE: RE: 3RD ROYALTY & $1M INFUSION
RE: RE: RE: 3RD ROYALTY & $1M INFUSION It would seem to me that Terraco's future is greatly dependent on what Barrick does and right now they are in a lot of difficulty and a change pattern. I understand their long term debt is currently more than 13 billion and they are scrambling to sell assets to get cash.Their AGM is tomorrow and investors are looking for serious strategic changes. I don't believe that Terraco's share price is going anywhere untill Barrick is in a more favorable position. Anyone see it differently?.