Trelawney Mining and Exploration Inc TWNNF

RE: RE: Trelawney Management...

[godisgr81]

Unlikely a takeover in the near term. Not a friendly one as most of the insider options are under water and probably require at least $5 -$6 in order to cement a deal. For unfriendly takeover, it will be a proxy fight that require 66.3/4 % approval from SH. As noted with Augen deal, this isn't easy. I think Gold will start it's uptrend after 2nd half and we will be trading well above $3.00 by then. If we are sold then it will happen closer to end of this year but likely next year as we move most of our inferred to indicated and we are more realistically valued.