Trelawney Mining and Exploration Inc TWNNF

RBC Coverage

[birddog2]

Any have access to this report below? or the Full story from Northern Miner?



"Analysts Stephen Walkerand Richard Bishop of RBC Capital Markets estimate that when TrelawneyMining and Exploration (TRR-V) releases its initial resource estimate inthe first or second quarter of this year, the junior gold explorer willhave..."

[offshoreskeis]

If 3 million inferred ounces of gold is all they will be able to come up, the share price at these levels will drop like a stone.8 Feb 2011 ... Analysts Stephen Walker and Richard Bishop of RBC Capital Markets estimate that when Trelawney Mining and Exploration (TRR-V) releases its initial resource estimate in the first or second quarter of this year, the junior gold explorer will have outlined

[beachman]

Based on where we stand right now, the analysts are right.   Correct me if I'm wrong but section 91 or 92 only has one hole plugged into it.   If one believes however, like I do, that the widths and grades on sections 89 to 92 can be maintained over thicknesses of 400m or greater, like sections 93 and 94, then you can infer 5 million ounces.I would also think that the

[offshoreskeis]

An inferred resource of 3 million or 5 million ounces isn't worth the current share price of $3.80Speculation of an indicated resource of over 2 million ounces is what is keeping the current sp overinflated, but it is only speculation at this point. Hard numbers in the indicated category and not hopeful numbers just in the inferred category are what it will take to keep TRR from going under $2

[beachman]

Are you aware of the VEN buyout offer for 3 million inferred oz in Colombia?   It's more a question of how easy and quick an inferred resource can be moved to the M & I categories.  There is of course a question of how much is actually minable which in TRR's case has to do with the depth of an open pit.By the way.  Assays Labs aren't backlogged.  Phone one

[offshoreskeis]

Who's doing what elsewhere and should it or will it be done here has very little grounding in reality in this business. It's your money. Will you risk it and hope for the best at these prices hyped by speculators?.

[zip14]

This post has been removed in accordance with Community Policy

[beachman]

Offshore.  I do believe the speculation is gone here.   There are on dill hole 50 now and have published sections and assays.   Are you sure you're posting on the right board?

[northern-eh]

What are skeis?? Maybe offshoreskeis can't spell or do math.  It sounds as if he/she sold out too soon and wants to see the SP drop to get back in at a lower price.

[docmz]

It's bitter ex-longs waiting for the 2.50 pullback which will never happen, and shorts who are frustrated will say ANYTHING to try and knock TRR down ( that's why their ramblings make absolutely no sense). BUT unfortunately for the ex-longs and shorts, TRR has made a VERY SIGNIFICANT DISCOVERY and the implication of tonnage is HUGE so shorts should go long and ex-longs should buy