GREY:TWNNF - Post by User
Post by
digger144on Mar 12, 2011 6:15pm
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Post# 18276229
Outgoing Chairman Comment..
Outgoing Chairman Comment..
Tony Makuch, Former Chairman of the Board of Trelawney made a comment on Thursday, March 10, 2011 during a Conference Call to discuss year end results for Lake Shore Gold, when asked about why he resigned as Chairman.
"Trelawney is turning into something special"
The job requirement to bring Trelawney to the next phase will be just too demanding and he would not be able to give it his utmost attention. He has enough on his plate with the activities at LSG.
However, as I mentioned before...TRR has got away from him...should of taken a position when he first was made Chairman of Trelawney.
4 million ounces and counting!
Now...it will be very interesting to "see" who Trelawney brings in to replace Makuch!
Will it be a deal maker with experience and connections to get us the best deal possible...will it be someone with experience to take us to the next phase and initiate the process of bringing this baby to production...or will it just be a "puppet" to be worked by the major interest holders?
Whatever way you look at it...it will all be good!
I believe the share price pull back is just temporary...the market does not like uncertainity!
They are sending management a message...fill the position soon!
In my opinion, Gibson already has a replacement...they have been working together behind the scenes, along with Makuch to make a smooth transition to the next phase.
Digger144
P.S. Word has it that they are up to hole #70!
They have released results thus far for 47....with 10 holes pending!
Should be out next week!