Post by
dogwag on Feb 26, 2012 9:18am
LOTS OF SHARES SHORT!!!
We should see the shorts covering in the next few days.Someone shorted the heck out of TRR the last few weeks but I think having 8.4 million ounces with 60 holes not included in this amount would be seen as a positive.The market will be more appreciative once more of the resources are in the M& I catagory later this year.with all the holes that are drilled currently(190) we should be in the 10 million ounce total for all the projects together.
Comment by
Sharpie009 on Feb 26, 2012 10:26am
That is an inaccurate statement. Fully diluted shares are 192 million. Shares short are just over 1 million. Although there was an increase in shares short of 900 thousand in Feb. that is peanuts.