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Bullboard - Stock Discussion Forum Trelawney Mining and Exploration Inc TWNNF

GREY:TWNNF - Post Discussion

Trelawney Mining and Exploration Inc > TRR seems overvalued.....
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Post by cashonthedash on Dec 20, 2010 4:02pm

TRR seems overvalued.....

compared to SEM......SEM have the same type assets for much less.....any help on this?
Comment by gamblor77 on Dec 20, 2010 5:14pm
Look through the TRR website and compare objectively.TRR has an existing mine with 30 million in infrastructure already developed. They are well on their way to actually PROVING 6 million ounces (or more) with MANY core samples of 300-600metres of mineable gold. They have nearly 70 million in cash alone and solid managemnt to manage the money wisely and they are starting another major drill ...more  
Comment by shad0w4life on Dec 20, 2010 11:31pm
SEM only has released 161 Meters of 1.29g/t from what I quickly sawTRR had 100 Meters of 8g/t and then a lot of 100-500m intercepts ontop of it as well that were over 1g/tSEM currently has a lucky hit much like SFF until more holes are released it's still speculative.