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Trelawney Mining and Exploration Inc TWNNF



GREY:TWNNF - Post by User

Comment by BumblebeeRRon Jan 14, 2012 5:55pm
658 Views
Post# 19404654

RE: Patrick Mohan??

RE: Patrick Mohan??

Short of phoning him up and straight out asking him why, I doubt any of us will know exactly why Patrick Mohan has consistently sold small amounts of shares since 2010.  Perhaps he needs the money for his personal business?  Or maybe he went overboard on Christmas this year?  All kidding aside, I assume his average cost is quite low and therefore any sales are making him good money regardless of what price he sells at.  I understand your thoughts on this Laroplex and his behaviour does seem to defy logic, but again, keep in mind he has been selling since the price was $1.70 per share way back in November 2010.  I'm sure even back then, with his insider knowledge, he would have known where the TRR story was going (only months later it hit over $5.00) and I am pretty confident that if the money probably wasn't needed, I doubt he would be selling his shares at such a low price.  Aside from a one-time sale from James Fairbairn, who sold about 30,000 shares in October 2011, Mohan is the only insider has been selling over the past year ... if several others were selling too, I might be worried, but as it stands, Patrick remains an oddity of sorts among the TRR insider group. 

~

Lots of good news coming down the pipe.  I listened to the presentation made by Greg Gibson last Friday and we'll be seeing the updated resources estimate in February with a PEA to follow "shortly thereafter".  It's a good time to be a TRR shareholder and anyone holding this stock is going to do just fine, in my opinion.  If there is anything we need to be truly worrying about, it's TRR getting bought out by a gold major after the new 43-101 comes out, which would prevent the company from reaching it's true potential. 

~

Hang in there Laroplex, I think we're all sitting pretty with TRR.

~

BUMBLEBEE

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