GREY:TWNNF - Post by User
Post by
offshoreskeison Feb 13, 2011 1:37pm
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Post# 18125435
Keep dreaming Pumpers & Dreamers
Keep dreaming Pumpers & Dreamers
At the current 149000 ounces of gold this company currently does have on the books with combined assets in place, TRR is barely worth $1.00 a share at the international level if that. Well out of scope of the majors interests.
As i said earlier, there are far too many companies out there, a couple hundred or more with millions of ounce gold resource estimates backed up with 43-101 disclosures with current share prices standing much below TRR's current grossly overvalued, overhyped, overbought $3.81 per share. Overbought by ill informed amateur investors at that
The majors have no interest in this company at this time.
TRR was under a buck less than 4 months ago. With the assay releases since and a 43-101 to come in the Spring, a $2.00 per share projection would be overly generous coming in at a 2 to 3 million ounce M&I as speculated.
I'll say it again, this company;s share price is on dangerously overhyped overpriced gound. Overhyped by pumpers who haven't got a clue and overbought and overpaid for by amateur investors who haven't got one either.
Look out now!