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Trelawney Mining and Exploration Inc TWNNF



GREY:TWNNF - Post by User

Comment by Sharpie009on Feb 25, 2012 10:18pm
546 Views
Post# 19586473

RE: OK GUYS ...TIME FOR PRICE PREDICTION ON MONDAY

RE: OK GUYS ...TIME FOR PRICE PREDICTION ON MONDAY

Anybody expecting a big increase in price on Monday is due for a reality check.

Good news announcements aren't normally issued on a Friday evening after the markets have closed. New resource calc is already  factored in the current share price.

If anything the lower grade is disappointing .82 g/t  for indicated  and .91 inferred versus previous 1.0 g/t  and the use of a $1,500 gold price is questionable.  The news release for the second time of drilling 165.00 metres at 1.2 g/t  10 days after they had already released it was also a bush league mistake.   

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