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Bullboard - Stock Discussion Forum Trelawney Mining and Exploration Inc TWNNF

GREY:TWNNF - Post Discussion

Trelawney Mining and Exploration Inc > With what is happening in the markets
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Post by MERC24 on May 08, 2012 12:03pm

With what is happening in the markets

the last 2 days, I would not be surprized to see them pull the offer off the table. They are probably hoping it does nto go through. The juniors are getting killed today. Many new 52 week low's. Keep your shares if you want, yet that was the mistake I made when I held Augden. Never happened and look at the end result. Glad i learned from taht mistake. Lots of bargains out there right now. JMHO
Comment by beebop7 on May 08, 2012 12:22pm
How is RR - working out for you ?
Comment by BobsUncle on May 08, 2012 12:39pm
If IMG backs out you will see TRR 1.20 sorry thats the way it is. Anyone holding tight here should give this a thought! IMG comes back and buys you for .80 cents in 6 months. Uncle
Comment by MERC24 on May 08, 2012 1:09pm
I only bought a VERY small position to start and that is only one stock. I did not want out of gold stocks all together. I have a LOT of cash on the sidelines. I also bought small positions of silver , copper and a financial company. But again sitting back and watching for a bottom with lots of cash. Placing a lot of stink bids today. And my upside on RR is a lot greater than TRR today. JMHO 
Comment by beebop7 on May 08, 2012 6:47pm
Right ,hee hee !!
Comment by BobsUncle on May 08, 2012 10:09pm
For some of us here we can see IMG bid is much too high the production date as mentioned (Green) said the production date is too far out to pay this kind of cash and now in this market. TRR should be sub 1.80 and here IMG is paying 3.30 it's really a free lunch for TRR holders. Anyone who holds on here needs to take a look at the other plays that have rich deposits and at huge discounts. The ...more  
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