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Trelawney Mining and Exploration Inc TWNNF



GREY:TWNNF - Post by User

Post by savard1on Apr 27, 2012 4:47pm
315 Views
Post# 19846070

for what's it's worth

for what's it's worth

People at Raymond James are saying hold on to shares as they are expecting another offer but contacts I have at Dejardins say it's probably a done deal but told me to wait and not sell yet if I don't need the money. Was also told that todays ridiculous volumes is all about risk arbitrage accounts in New York banking on another bid coming in so that is most likely the best indicator that this is not over. I think we all noticed the US brokerage houses on the buy side all day,  but...what do I know. I never thought a takeover was imminent and certainly not at this level. I'm still underwater somewhat so my 180,000 shares are going no where right now. I'm waiting.

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