Trelawney Mining and Exploration Inc TWNNF

Weird

[sjaplo]

Anyone have any explanations on that 3 mil share freefall?

[jerseyman2]

No, but sure is nice to be buying stock here @ 1.04   What's better here now   BYV or TRR  ????  I'm going with the TRR  -  been around a lot longer and there's a lot of proven gold already !!!!!!!!   J.T.

[beachman]

Not a single ounce of gold here is proven.A share price run-up followed by a massive sell-off with no news is generally a bad sign for juniors.  I'll continue to hold for now but will not be adding to my position.  More results should be released any day you'd hope.

[sjaplo]

I was more curious about the fact that 3.5 million shares changed hands in the last 1/2 hour of trading - was it just a single seller?

[beachman]

Yeah good question.  All I know is if some noone like Patrick Mohan buys 100 shares Digger is over here pumping like a mad dog but when someone deliberately runs the share price up and then dumps 4 million shares he's nowhere to be seen.I want to know who's that pissed off, or broke or just learned something that we don't know that would lead to such volume.  

[Yeswecan]

Beach, your statement that "not a single ounce is proven" is quibbling around the definition of proven for ore reserves.  Or perhaps you should use some common sense and reread the recent release:.. "Hole E10-26 - 292.04 metres of0.88 g/t gold -- Hole E10-27 - 137.00 metres of 5.33 g/t gold within alarger envelope of 274.60 metres of 2.99 g/t gold -- Hole E10-04extension

[beachman]

A sophisticated investor concludes not a single ounce is proven.   A promoter tries to mislead people into thinking something is proven.  Maybe you should learn proper terminology and use it.  If you don't have a clue as to what this industry is about and you just like talking BS maybe you should do something you're familiar with and f off.