Trelawney Mining and Exploration Inc TWNNF

WHY $3.30 offer!!

[dogwag]

I know all the investers here think there will be another offer and for the sake of the shareholders ,I hope you do.The big problem is they only had .93 million ounces in the indicated catagory.almost 6 million ounces were in the inferred catagory (100 meter spacings)It takes a lot of money and time to move resources over to the indicated catagory(25 meter spacings)Danny Dreadlock posted that inferred ounces in the ground are priced at 20% of measured resources.In 12 months time this would have been worth double but right now and in this depressed market it is worth what IMG and TRR decided on $3.30 a share.There will not be another price hike UNLESS another company steps in and with 6 million ounces inferred and only 1 million ounces indicated ,I don,t think that will happen.I owned Trr for awhile and sold most at $4.00 and  the last 10,000 shares at $2.60  4 weeks ago.Should have held on a little longer with the last bit but that is my luck!!!!They still got above average price for inferred ounces in the ground but for all the little guys and gals,I hope you get more interest.