Of interest from last week - "I would expect an an Cleaning up the Teslin River Resource TLR.V market
It looks like management of Teslin is getting ready to start the promotion machine. I was contacted earlier this week by Freeform Communications in regards to Teslin but my history and knowledge of this deal runs longer than Freeform's.
Regardless, the offers have been taken out and the bids are building. I have decided to up my offer from
.12/share to
.15/share for half my position.
The recent activity and price surge indicates that Teslin will be looking to tap the market for a financing. The recent quarterly filings on SEDAR shows that the Company only had $238,000 at the end of September.
I would expect an announcement in the coming weeks of either a
.10/share to
.15/share offering, hence the mopping up of shares below
.15.
https://vancouverventure.blogspot.com/2012/01/cleaning-up-teslin-river-resource-tlrv.html