TWDL - Texas Wyoming Drilling Inc
Are we finally done TWDLing our thumbs?
Well we finally have all the financials up to date and filed on TWDL and I must say that the Annual Report for 2011 didn't look half bad. Together, this concentrated effort to come into compliance along with the encouraging press releases of March 8, which indicated promising assay results, and February 21, which announced that audits were underway in order to move up to the OTCQB tier, has me believing that we are really close to finally hitting pay dirt here. The recent 2 for 1 forward split seems to cinch the score, as there really would have been no purpose to that exercise if something wasn't going to happen.
The TWDL Yellow Jacket and Blue Jacket gold mines were once reportedly owned by Howard Hughes, who acquired them for mineral exploration. He passed away before he started the project, and TWDL has since acquired them. Last October, TWDL reported three surface assay results with extremely high gold samples of up to 1.26 oz per ton. If these type of results continue to come in, then there is a chance that there is a significant mine here. As it is, there is more than enough speculative value to foster a large promotion, especially when you consider that TWDL recently announced that it has also found platinum at its Blue Jacket mine.
TWDL, like previously heavily promoted NSRS, is headquartered in Las Vegas and its core gold properties are located in Nevada, within historically rich gold regions, just like NSRS. The stock has just completed a forward split, just like NSRS had immediately executed prior to its promotion. With the end of the SNPK promotion upon us, I would once again speculate that this deal could be one that would interest Awesome Penny Stocks and certainly one that they would do very well with.
With 221 million shares reported as issued and outstanding in the float, Awesome or any other promoter could certainly make hay out of this stock especially since very little stock appears to be for sale under 5 cents. In the last week, the number of market makers on the bid has begun to increase again.
There is no doubt in my mind that TWDL is set-up for a promotion, which has only been delayed until the filing requirements were fulfilled. Now that those achievements have been realized, it is only a matter of time. With the relatively low float and promotability of this stock, I told you before that, at these prices, I don't care if I have to wait months for the promotion. I now think, more than ever, that the promotion will be soon upon us and at a minimum, you should be accumulating this stock here. But as always, do not chase the stock. Buy a little and then sit on the bid.
Disclosure: As of the writing of this alert, I own 250,000 shares of TWDL.
From Leslie this AM
