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Bullboard - Stock Discussion Forum Trelawney Mining and Exploration Inc TWNNF

GREY:TWNNF - Post Discussion

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Post by digger144 on May 18, 2012 12:19am

The Vote...

will be on June 15, 2012.

Click on the following:

https://www.trelawneymining.com/sites/default/files/pdfs/Notice_Record_Meeting_Dates.pdf

Only shareholders that are on record up to and including May 11, 2012 will be eligible to vote. Anyone that bought shares after May 11 has done so in order to speculate on a higher offer coming in.

In will be three weeks tomorrow since the Iamgold offer and it is obvious with the increase in volume today that some are getting restless and decided to leave the story.

As for myself I have not sold a single share...I will most definitely wait for the Preliminary Economic Assessment (PEA) that should be out very soon!

Trelawney has spent millions on the PEA and the findings will be very much market friendly. The Team, along with their consultants have been working on this since the beginning of the year and have used many different production and mining scenarios for the Cote Lake Deposit.

I truly believe that certain entities will wait for the release of the PEA before they come forward with an offer...we must be patient!

Having been on this story for over two years, I am not about to leave until the final chapter of this most amazing story is written.

Iamgold will not get the prize this easily...this project is just too good...there is a long list of positive facts and potential for the immense land package that has been put together over the past two years.

Yes...we did have some positive action today in regards to gold and many gold stocks...but...do not get fooled....it is never easy...risk is risk and will always be risk! Let us wait for further confirmation into the future...short covering is more than likely responsible for most of the upward movement. There is plenty of time to invest....remember...emotions in check!

Sit back...let the Trelawney Story play out with very, very little risk! Nice!

Digger144

P.S. "They" will show themselves soon!

Comment by IqaluitZen on May 18, 2012 4:47am
As usual, well said Digger.  Patience almost always pays off, and there is no reason to be impatient at this point imo.  I hope you're right about the PEA and it's released before June 15th.  
Comment by TedOwens on May 19, 2012 8:49pm
  It is widely known that no one else is stepping up for any counter offers of any significance   The vast majority of large volume holders are favorable to selling this play off and moving on . The small retial investors holding shares and spouting off on these boards will have little no effect on the outcome of the story so just vote YES to seel and be done with it. This play has ...more  
Comment by IqaluitZen on May 20, 2012 5:30pm
If the vote is already "seeled" as you say, then why does it matter what the retail investors on this board do?  Might as well hold out and hope for a follow up offer.   As IMG has already stated to THEIR shareholders, this deal will add more then 30%!!  To their portfolio. I think they are willing to pay much more and have taken advantage of the recent decline in precious ...more  
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