How Sweet it Is... ...to sit back, relax and hold on as the final chapter of the Trelawney Story is being written.
The cash offer has removed the uncertainity about the fluctuation of the buyers shareprice and the short term movements in the spot price of gold.
The importance of understanding just what is at stake and the possibilities of upside in the share price for a number of reasons grounds oneself after the emotions ease from being involved in a take-over deal and enduring the "smash" in the Junior Gold Space.
The action in the marketplace has highlighted that we must always reduce our "risk" as much as possible and holding our position in TRR has done just that.
Today was a lesson learned...to be sure!
Others were tanking and anyone that moved on too soon and purchased another Junior is having second thoughts while myself and others are looking forward to the next couple of weeks and are looking forward to further price appreciation without the worry of any downside risk.
It does not get sweeter than this in the current marketplace uncertainity.
We will not run away from the Trelawney Story...we will walk away...heads held high and proud knowing that we were involved in quite the story!
Victims of Circumstance that forces that we could not control worked against us this time...but...I am more than content with the profits that I take with me as the Trelawney Story comes to an end. I look forward to turning my significant profit into more additional profits as I move on into other ventures....the "risk" has been removed as I venture out and invest with Trelawney Bucks...I will tread carefully...I most definitely would not want to lose what I have gained!
Digger144
P.S The nice thing is that there are so many opportunities, we must chose wisely and pick the plays with the most upside potential...time is on our side...it is very exciting indeed..but..I am keeping my emotions in check...a gameplan is in order!
By the way...this story is not over yet!