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Trelawney Mining and Exploration Inc TWNNF



GREY:TWNNF - Post by User

Trelawney Mining and Exploration Inc > The Arbitrage Trade...
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Comment by Joseph_Kon Apr 28, 2012 12:07pm
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Post# 19847878

RE: The Arbitrage Trade...

RE: The Arbitrage Trade...

Hey, if you are looking for a good Arbitrage Trade, check out UMJ. They've been taken over by NKL, the deal closes in about 6 weeks, and UMJ is still trading at about a 10% discount to the 25 to 1 takeover ratio. They've maintained this ratio since the offer was made, but with the deal closing in June, the discount should be disappearing any day now.

PLUS

I came across this post comparing NKL to TRR. Looks like NKL has lots of upside when their PEA comes out in a couple of weeks.

https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=NKL&t=LIST&m=30997111&l=0&pd=0&r=0&msg=3

Anyway, congrats TRR longs. You deserve it.

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