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Trelawney Mining and Exploration Inc TWNNF



GREY:TWNNF - Post by User

Comment by dogwagon Feb 26, 2012 10:42am
499 Views
Post# 19587069

RE: RE: LOTS OF SHARES SHORT!!!

RE: RE: LOTS OF SHARES SHORT!!!

Sharpie,currently they have 177 million shares outstanding.Fully diluted are the option and warrent shares which are not  currently available for  trading .There was only a 100 or 200,000 shares short and have risen by 900,000  which is  a substantial increase in the last 2 weeks.This is the most shares short in the last year so I would not say that is peanuts.The shorts have increased by ten times so someone is nervous out there.I feel good about TRR but the way the juniors are being valued with gold in ground prices ,who knows.The majors underprice the juniors and when they buy them out they pay a 50 to 80% premium for their ounces in the ground to get the shareholders and big investors to go along with the deal.Tmie will Tell.

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