No one has answered my question...Why did TRR release a news wire about NCM (Newcastle Minerals) purchase of a section of land:
[NCM's] mineral claim is located 1.8 kilometres from Trelawney Mining and
Exploration Inc.'s Chester Project and is surrounded by Augen Gold Corp's
South Swayze property. Trelawney recently reported intersecting 107.11
metres of 8.20 grams per tonne of gold, including 313.55 grams per tonne
gold over 2.56 metres, on its Chester Project.
Here is the link to the news release from TRR.
https://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Fnewsreleases%2Easp%3Fsymbol%3DV%2ETRR%26newsid%3D7651925
Are NCM and TRR doing something together with this property? One of my GEO friends tells me that NCM's land should be very good like TRR's. Considering the market cap of TRR is $80M + $8 Million financing (total roughly $90 Million), and NCM is $4.5 Million, one may consider NCM as good value for your dollar.
Good luck to all,
x