GREY:TWNNF - Post by User
Post by
offshoreskeison Mar 24, 2011 8:36am
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Post# 18332857
What Trelawney is really worth currently
What Trelawney is really worth currently
As calculated by their in ground per ounces value inclusive of mothballed assets with all the high hedged hopes of what may or may not come excluded.
Once again , an estimation of this company's 4.2 million inferred ounces has been bandied about after a subjection to the whole gamut of undulated factors relevant to the Cote Lake resource to arrive at a calculated $50 in ground valuation mark.
At the current $4.85 sp this company is well ahead of itself .
A revised $2.15 is what Trelawney Mining and Exploration Inc is approximately worth currently.
Arrived at by an in-ground calculation rounding out to a $1.75 per share combined with
.40 per share inclusive of assets.
When TRR was hovering between $2.50 and $2.90 per share before the 43-101 release , the anticipation of an M&I resource had already been factored in then. When an inferred only resource was released it didn't pull back as it normally should have but doubled in share price on sheer delusion , hype and deception and on a scale qualifying it as one for the books.
What keeps the sp up where it is now is in itself another case study in what the deceived masses are currently blindly willing to pay.