TSXV:TRL.H - Post by User
Post by
smittigatoron Mar 07, 2014 10:04am
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Post# 22293953
report
reportJust a quick note, there are hugh side effects and this investment comes with somewhat of a black jack ratio. we need to be on the right side of the news and the latest report did not answer any questions, but seemed to fuel more speculation. The money they are receiveing is from investors, who are investing other peoples money, it fits the risk model and they will look like hero's if it takes a run. on the other hand, if it doesnt? well mr jones, you knew the risk when you ventured out in the waters.
We all know the risk involved and based on the recent disclosures, there is going to be some selling and we are likely going into the $.50's in the next couple of weeks. They have nothing to report and $2m worth of inventory is worth 5 cents on the dollar with out an approval. book to equity ratio is $.26 a share and no news or business to support the values.
i see and upside to this investment, however there will be another down side before we hit May.