Trelawney Mining and Exploration Inc TWNNF

Let us Review...

[digger144]

.....what the market is telling us!

First of all...the people that do this for a living and are professionals in their field have access to tools and knowledge that we only wish we had...but...everything comes with a price!

Fact...the offer price from Iamgold is $3.30...all cash...the current price is $3.29.

What is this telling us?

There is a 100% chance that this deal will go through!

Why is there so much volume and why is anyone buying at $3.29?

The pro's are telling us that there is a very, very high probability that a higher price is in order...it will come from a competing bid or an increase from Iamgold once they realize that a "no vote" is forthcoming.

We are getting this information for free...the market is speaking loudly!

It is very disappointing that some have fallen or thinking of bailing out at a time when we are holding all the cards....with absolutely no risk of getting less than $3.30!

I believe that most have fallen victim to the recent "smash" in the junior space and are feeling the psychological affects of such action...giving up profit to the late comers...a shame to be sure!

Iamgold is not in there buying...the savvy investors are putting up their cash for an easy, risk free trade...plain and simple!

The share price is not higher than the offer price for a reason....why take unnecessary risk at this point in time..."they" will wait for a higher offer and then they will assess the situation and fix the shareprice accordingly.  If another bidder shows up then the market will more than likely price in an even higher price then the new bidders offer concluding that Iamgold will beat the bid.

Guys & Gals...we dream for these type of opportunities...do not walk away just when the fun is beginning!

This is far from over!

Digger144

P.S.  There is no hurry to sell and rush to another opportunity...there is plenty of time for that!

[digger144]

"There is a 100% chance that this deal will go through!" I do not wish to confuse anyone with this statement,  a deal will most definitely take place..but..at a higher price than what it is today! The wheels are in motion and there is no going back now...exciting to say the least! It is not everyday that you can be involved in a take-over deal! Digger144

[letsgetready]

Digger I believe the larger shareholders will dictate that IMG has to increase its bid..i think there are 4 or 5 shareholders who own around 25% of TRR..these are the parties that should have bought a few more shares in the last week (at no risk as the offer is $3.30)..if they get to over 30% and lets say 33%..they can go to IMG and tell them unless it increases its offer they will vote no..what

[digger144]

Hey Letsgetready... You make a lot of good points...but...you are missing one big piece of the puzzle. The Trelawney Team is a lot more clever than you are giving them credit for. The series of events that took place pre-deal and are about to take place post-offer have been systematically planned and are part of a well thought out strategy that is very, very clever. Watch and learn. Regards

[letsgetready]

I hope so.

[BobsUncle]

Nice Review but built on hope sorry IMG won't pay one cent more! Also the sea has lots of cheap small fish with great potential. IMG is one of the few miners that will put a bid in like this in these markets. A vote of yes would be the prudent thing to do and buy the buyer IMG shares. IMG is already busy looking in Columbia and several South American potential future mines to add to it's

[HonestAbe]

"we may also see a competing bid, as we all know the $3.30 offer is an insult for what TRR has"https://business.financialpost.com/2012/04/30/analysts-criticize-iamgold-acquisition/ It's funny how unbiased outsiders view the situation completely differently from TRR shareholders who only look at a $3.30 cash offer as woefully inadequate when viewed in the context of higher prices from

[letsgetready]

Abe, the analysts who do follow TRR have average targets of around $4.50..well above the 43.30 offer..these guys understand the story..you ask other analysts and its clear they don't understand TRR when they talk of an high inferred amount..well there's been alot of infill drilling since 9/30/11..not one of the other analysts mentioned chester or jerome or the land pack TRr has or the step

[ForrestG]

Sorry Honest Abe, Don't start pointing the finger of bias. If you want to talk about bias, then how about mentioning that all of the analysts quoted in the FP article are all listed on IMG's website as analysts. Of course they are going to talk up IMG and kick down their potential acquisition. If IMG gets TRR at $3.30, IMG scores and these unbiased analysts look like geniuses... I'