Tara Mineral
This is completely guess as no details of Tara Minerals are available, and this is a wild guess. Tara minerals could be trading at $3 to $4 within 12 months later from inception, if the management claim that "they are conservative" is true. The PP value of Tara Mineral is $.50 now.
If the two properties are not as good as the management think, it can be a serious problem for Tara Minerals. However, if "management is conservative" is true, its value will be very high. If you are not part of PP, you should buy TRGD to get shares of Tara Mineral.
The management did not say how many shares will a TRGD shareholder get, and the management did not acknoweldge that it will be 0.4 share of Tara Minearal for each share of TRGD as some posters said. But, I will be happy with 0.2 to 0.25 share of Tara Mineral for each share of TRGD. In this way, TRGD still keeps 10M shares of Tara Minerals within TRGD, and distribute only about 20M to TRGD shareholders.
Think about this way, the current TRGD value can be 90% of Tara Minerals, and everything else is bonus. So, the value of TRGD will be multiple bagger in 12 months.