GREY:TWNNF - Post by User
Post by
digger144on Oct 09, 2010 1:25pm
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Post# 17548895
It never gets any easier...
It never gets any easier...
It is always so difficult to figure out exactly what is going on when you have limited information...the best we can do is make an educated guess using years of experience and knowledge and instinct.
The spectrum of players are many and their intentions at any given time can change in a heart beat just like ours and decisions are made on rumours, anticipation of events whether positive or negative and at times...plain and simple...allocation of funds to other plays...margin calls and so on.
The way I see it...nothing has changed in terms of a negative effect on the stock, in fact I cannot see anything that would change my mind in the short term and the next set of assay results in regards to the Cote Lake Discovery will very much be positive...all information reported to date suggests to me that the chances of repeating past results is very, very high! Chances of missing with all seven holes that are pending are slim to none! Anything North and West should hit mineralization.
I must say that in the last couple of days I had a suspicion that something else was up...perhaps talks were ongoing about a possible take-over of Trelawney or a joint-venture of some kind, my gut feeling was that it was not just the pending assay results. May be talks broke off for now but that could change in a "heart beat". Many players would definitely be interested in this venture and anything could happen....Lake Shore Gold is my bet, after all the Chairman of the Board is Tony Makuch, President and CEO of Lake Shore.
I myself have bought on two seperate occassions this week and looked to buy once more on Friday but just missed a fill...I will look to add again next week if the opportunity presents itself. It is always that much more difficult to buy when momentum has changed but in my opinion the future of this play is very, very bright! Great buying opportunities come at a time of indecision and the unknown.
Steady as it goes...nothing to be worried about at this time!
Digger144