Trelawney Mining and Exploration Inc TWNNF

Value

[taylor1988]

If TRR can prove up anything close to what analysts are anticipating then there should be serious upside potential for the share price here. Based on 8 million ounces of gold, TRR is worth less than $70 / oz after cash which is quite undervalued for the magnitude of a deposit that size. The dimensions of the deposit have changed considerably since the initial Resource Estimate so it should be interesting what number is reached for the updated 43-101. If TRR can surprise the market with more than 8 million ounces then it would no longer be premature to look at TRR as an up and coming DGC or OSK which would make it even more attractive at this market cap. Will be interesting to see the next set of drill results and what kind of progress is being made on the 43-101.