Trench Metals Corp (TMC)

[mgplayer247]

For anyone on the fence about this one, we now KNOW that .17 is a pretty good "floor" in terms of the share price of this stock!

Whoever agreed to the terms of this private placement, did NOT do so with the expectation that they would only break even in 2 years (especially not with an option to purchase additional at .23 for the next 24 months). My guess is, that (up to) $1,000,000 they are spending is going to be one hell of an investment for them.

This is a great indicator to me that the company is lining up to go much higher this year. And unlike others that dump on their shareholders and offer shares in private placement at a huge discount (an example would be if this placement had been at .10 or WAY below where we currently are), these were placed right around the CURRENT bid prices we have been seeing lately (right at the bottom of the current trading range).

I will continue to grab .17's and .18's whenever I am able to. Good days are ahead! :)