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Bullboard - Stock Discussion Forum Trelawney Mining and Exploration Inc TWNNF

GREY:TWNNF - Post Discussion

View:
Post by HARJAY on Apr 30, 2012 11:38am

Jennings

I see Jennings is putting there money were their mouth is. I believe they said that the offer was not adequate. There has been some very large chunks 250k , 450k, 300k , bought by various instititions this a.m. . Can't beleive IF there is no other offer coming why would they be buying at this level and tying up that kind of money.You only buy because you believe the price will go up.

OR its Iamgold buying on the open market thru the various inst. so they can avoid a vote and wrap it up without one.

HARJAY

Mon 30 Apr 2012 11:31:35 EDT - Trade times are ET. News times are ET. Bid/ask/vol sizes in thousands.

Sym-X Bid - Ask Last Chg % Vol $Vol #tr Open-Hi-Lo Year Hi-Lo last trade News Delay
99.9 3.27 · 3.28 99.9 3.28 35,067 1,041
Name EPS P/E Ratio Yield Annual Div Ex Div Date
TRELAWNEY MINING AND EXPLORATION INC n/a n/a

Most Recent Trades
Time Price Change #Shares Buyer Seller
11:15:46 3.28 0.01 200,000 121 Jennings 121 Jennings
11:14:47 3.27 0.00 40,000 82 Stifel Nicholas 82 Stifel Nicholas
11:14:47 3.27 0.00 10,000 82 Stifel Nicholas 82 Stifel Nicholas
11:14:47 3.27 0.00 50,000 82 Stifel Nicholas 82 Stifel Nicholas
11:14:25 3.28 0.01 25,000 121 Jennings 121 Jennings
11:14:25 3.28 0.01 100,000 121 Jennings 121 Jennings
11:14:02 3.27 0.00 125,000 121 Jennings 121 Jennings
11:11:05 3.27 0.00 24 36 Latimer 9 BMO Nesbitt
11:06:52 3.27 0.00 28 36 Latimer 121 Jennings
11:06:11 3.27 0.00 28 121 Jennings 121 Jennings
Comment by letsgetready on Apr 30, 2012 12:20pm
Harjay My concern is that if the markets really believed another offer was forthcoming, we would see TRR trading at a premium to the offer price. The offer is low in comparison to all analyst targets and the price TRR traded and did placements at  last year. why would management accept this, when its propects going forward are so bright? The offer gives us nothing for Jermone, Chester ...more  
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