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Bullboard - Stock Discussion Forum Trelawney Mining and Exploration Inc TWNNF

GREY:TWNNF - Post Discussion

Trelawney Mining and Exploration Inc > Gold companies are in the tank !
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Post by offshoreskeis on Apr 30, 2012 9:59am

Gold companies are in the tank !

Gold mining and exploration companies are out the window and it isn't even Sell in May and go away yet.

The pom pom section will go on chanting for a second offer for the next two months ad-nauseam but it won't come.

Comment by MERC24 on Apr 30, 2012 10:12am
It is not even important for another bidder to come.What is important is to get a higehr offer from IAG. For example, if they get to 50% acceptance and stall there, they still need another 16 2/3 % to get over the top. So, they bump up the offer to get to the number they need. IT may only be another .15-.25 cents. The same thing happened with AUG. Trr bumped the offer to get over the top. They ...more  
Trelawney Mining and Exploration Inc
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