Trelawney Management... When it comes to speculation...remember...it is just that...speculation!
I have a significant holding of Trelawney...been here since March, 2010...what a story!
I can tell you one thing for certain, having followed the story closely since my initial investment the Management Team has done a most amazing job to get us where we are today!
In my opinion we can sleep well at night, knowing full well that our investment will be protected to no end!
There are 195,719,321 million shares...fully diluted...of that the Management Team & Directors have options that total 17,357,000 million shares...that is approximately 9% of the total shares! Insiders also own personal shares that will add to the total.
There is no way that this play will "go for cheap"! "They" will have to climb a huge hurdle to get this most amazing deposit...Cote Lake.
Also, Libra Advisors LLC holds a large piece of the pie...they have been in since $.50. At last count they do not hold 10% or more but it would be fair to say that they hold about 7% of the outstanding shares....they are most definitely holding tight and have not sold any shares.
The factual information does not lie...7 million ounces and counting!
Market conditions at this particular time are very poor for whatever reason...we will get past this!
I must admit that an opportunity does exist at present due to the "smash" in the Junior Gold Sector...however, it is temporary!
Will someone try to take advantage of the situation...absolutely! Will they get away with it..not a chance!
In my opinion something was initiated by a certain entity in early April, 2012...the spike to $2.70 was a clear signal...however, it is obvious that Management told them to go take a hike! We must realize that $2.70 is not close to what we are worth...but...spiking at a time when the market was smashing the Gold Stocks did give us the heads up that something was happening.
For whatever reason, Management has withheld assay results but I can say with a great deal of confidence that they have done so for a very good reason! They have a great team of consultants behind them and together they will protect our interests...you can bet on it!
There is no doubt some potential buyer(s) are breathing down their necks...Management is holding their cards close to their chests and will reveal pertinent information when they see fit. They are holding some really strong cards...tough hand to beat!
Digger144
P.S. There is no doubt that significant activity is going on behind the scenes...but...remember, it is all speculation until it is black and white! Until such time...business as usual!