GREY:TWNNF - Post by User
Comment by
letsgetreadyon Apr 29, 2012 2:42pm
164 Views
Post# 19849941
RE: Vote NO!!
RE: Vote NO!! NO it is..the offer is an insult..
People only mention the 6.9 million ounces at Cote Lake but TRR has so much more..Jerome..Chester..infill drilling has proven up much of the inferred resources to indicated (the low indicated resource in the last resource calcn was largely why TRR's share price went down)..expansion drilling to the S and N/NW has added ounces..we are at 10+ million ounces at the end of the day..
overdue drill results need to be issued and the PEA put out..if they're not the OSC might be interested..TRR will do ok on their own..much like DGC and OSK did..without having to accept $3.30 at the bottom of a market thats is just turning around..Why MANAGEMENT/BOARD would agree to this offer is not clear yet..we were well above this price a few months ago and all we need to do is continue development and move the inferred into the indicated category..much of which has been done in the 60 or so drill holes not relased..THATS RIGHT ABOUT 1/3RD OF ALL DRILL RESULTS NOT RELASED YET.
NO TO A VERY POOR OFFER