Trelawney Mining and Exploration Inc TWNNF

Beachman going to the bank

[beachman]

How could the resource be doubled based on the drill results that haven't been released?   It's taken TRR one year to define 4 million oz, so how is it that in 1 month and about 10 holes they can more than double the resource?

Odds are that Jennings knows nothing that we don't and have gone out on a limb with their projections.   They do this all the time.  If the results don't pan out, all they do is re-adust things, including the target price.  That's why I hate these institutions with a passion and trust them as far as I can throw them.  Remember these guys are players, not investors, and they are continually buying and selling this stock.  You think I'm bad for selling, check out the Jennings trading history with TRR.   They are wrong way more times than they are right but they know how to play the game and make money at the expense of the average retail investor.

Where are the results from section 87 and 88?   I expected to see them before the release of the resource estimate, or immediately afterwards, but here we are mid March.

Take a closer look at the drill plan and the geometry and location of the rivers.  Rivers normally follow faults, or zones of weakness.   That may tell the story but who knows?  

I'm not going to fall for a bogus Jennings BS report.  I want to see the drill results before I make my decision to buy back or not.