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Re: steved_45 post# 804

Monday, 06/20/2011 2:54:05 PM

Monday, June 20, 2011 2:54:05 PM

Post# of 68083
IMO- It won’t be long before TWDL levels off to its expected PPS of thirty four cents a share. Until the real deal 43-101 repot comes back in August!!!

FINANCIALS AUDITED
TWDL is pleased to report that financial audits for the first quarter of 2011 have been completed by the company's CPA with the exception of footnotes. These will be posted on the web upon completion. TWDL is pleased to announce net tangible assets and shareholder's equity of over $23 million -- not including the value of gold or other elements found at the mine sites. This amount alone gives shareholders a book value of approximately thirty-four cents ($0.34) per share.


http://finance.yahoo.com/news/TWDL-Doing-Geological-Study-iw-166491695.html?x=0&.v=1
A lot of people didn’t really understand last week’s press release, including myself. After doing some research regarding its true meaning, I’m more than impressed with the way this company is taking all the necessary steps in order to legitimize its stance towards the future earnings.
http://finance.yahoo.com/news/TWDL-Finalizes-Mineral-iw-1504620707.html?x=0&.v=1

Plainly put, the purpose of the National Instrument 43-101 is to ensure that misleading, erroneous or fraudulent information relating to mineral properties is not published and promoted to investors on the stock exchanges overseen by the Canadian Securities Authority.
The NI 43-101 was created after the Bre-X scandal to protect investors from unsubstantiated mineral project disclosures.


There’s a real good reason this company hasn’t dipped like a few posters on this board would like. The people currently buying these shares realize there’s only one direction to go from here and that’s up. This isn’t a P&D!!!

Joe
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