GREY:TWNNF - Post by User
Comment by
TedOwenson May 25, 2012 7:10pm
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Post# 19948460
RE: Did you all get out and buy the sector
RE: Did you all get out and buy the sector Good point Uncle,
The longer this play takes to receive further confirmation from IamGold on its acqusition, the greater the chance that the stock price could go the other way. The latest sentiment coming back on the streets has IamGold being a given to take this out, and without competition. The last major takeover in Ontario had Quadra FNX being a solid takeover target at an attractive price and as well, without any competition. Once the markets began to realize that there was no competition, the stock price started to go the other way. Everyone has made a lot of money off of this play so count your blessings and take the money and run, and fast, fast, fast. The markets are very unstable right now so dont let greed get in the way of common sence. A few other plays are gaining traction closer to timmins which may make TRR looks awfully small in comparision as well as encountered grades.
Tedsky,