Trelawney Mining and Exploration Inc TWNNF

Who really runs the show?

[beachman]

I think it's pretty obvious by looking at what's happened here this year, and particularly today, that this show isn't run by TRR's management.   Wonder why there's been such a long delay for the release of drill results and why we're still waiting?  Wonder why we didn't see a bigger spike with the release of the step out hole results?   Makes one kind of sick to the stomach to see this kind of manipulation.    Another joke is of course Digger who had some people convinced that once the share price hit $5, pension funds would be buying and we'd be home free.  Or maybe he just had himself convinced.

The trick with this play may be to set a time horizon of a year or more and then just slug it out.  The type of volatility we are seeing from plays like this is not for the faint of heart.   Once hedge funds get into the play like they appear to have here, just fasten your seat belts, and it's not necessarily for the ride up.  They'll run the stock up and then short it on a dime.  Close your eyes and hope for a buy out from a major.   However, Detour, OSK, Lakeshore, Rubicon, are still on the table and nobody has made an offer for them yet, so don't hold your breath.

On the other hand, companies must raise money while there is money to be had.  The wells can dry up in a flash, so I suppose one must give credit to TRR management for basically hedging their bets and strengthening the company while they can.