Trelawney Mining and Exploration Inc TWNNF

When will it be safe?

[beachman]

So according to Mr. Financial Exec. that share overhang is what's causing the selling pressure, not the lack of new buyers.   He thinks that all of the PP holders, holding 20 million shares, are all desperate to sell.  When will the selling end?   Will it be 10 days, 20 days or 100 days.   I say it will take forever if TRR doesn't improve the grade and geometry of their new deposit.  If the grade of these "discoveries" gets any lower you might as well just start mining air.

Bottom line is that TRR has a market cap of over $100 million now.  If you use the value for an ounce of gold that is being assigned to Brett Resource for it's low grade deposit then that would imply that TRR is being valued for 2 million ounces of gold.  Looks to me like the share price has got ahead of drilling.  

I'm betting Mr. financial exec is just a PR pawn.