Trelawney Mining and Exploration Inc TWNNF

RE: LSG said that they...

[Timminsgold]

At $1,200 gold, Goldcorp has a hard time making a profit milling 1 g/t; that is with a 10.000 t/p/d mill at their Timmins mine. TRR has also a cut grade of 1 g/p/t/.. I doubt it can be mined profitably at under $1,400 gold.

LSG will soon average 8/9 g/t with a fully paid for milland smelter, underground infrastucture etc. you are comparing apples and sand re LSG vs TRR.

If and when TRR is able to raise sufficient capital, go underground , build a mill and smelter, mine, mill and smelt 1g/t ore profitably, will the market determine if the comparison holds. TRR must sell a huge  amount of shares to complete the necessary work, to even think of ANY PROFIT POTENTIAL. Do not forget, most analysts who cover LSG value the ore @ about $900 per ounce.