Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: bluegold who wrote (57284)	3/5/2008 9:30:33 AM
From: tyc:>	Read Replies (1) of 78408

Re TRX: I am waiting for the feasibility study and subsequent events, before I make a definitive decision. For now, I'm retaining interest with a small holding of common shares. Assuming that the FS wlll be positive, they will have the task of finding ~$900M to build the mine. Goldcorp through its holding of convertible preferred shares owns ~70% of TRX but to date has not indicated that they will contribute to the financing. The young fellow at the booth (who impressed me with his openness) thought that they'd probably relent but it remains to be seen. He drew my attention to recent increases in the stock price,,, whetting my speculative interest. No doubt the uncertainty of financing has been weighing on the stock price. To my mind that lends to interesting speculation, and perhaps your holding of warrants is appropriate. Good luck !

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