Replies to post #2756 on Trio Resources Inc (TRII)

[DragonBear]

Hopefully you are accumulating here too, as you did for KMAG in the past.

Apples and oranges? In KMAG land Duncan aka Reid had 5 years to distribute out the stock, in front of the last pump which got him into trouble. There was an actual float out there for retail to trade against. About 150M-200M against 732M issued. Post suspension no selling pressure from the insiders.

The TRII float is at most around 23M, where Duncan gets to create the rest with his 300M shares to sell. So why doesn't he trickle out a few shares here and there for TRII over the next 5 years? He seems in sort of a hurry to sell doesn't he?

We are very close to some great things here,

What great things? Duncan claims a $40M contract - based on what? Where's the 8K which explains this material event, outlining how the contract is worth $40M? Cost, margins? It's fluff. One has no idea where that $40M out of thin air was pulled. Careful with that forthcoming 10K Duncan.

and on the KMAG side of things as well.

There's nothing there other than flip trading, with the trading range determined by rumors posted on forums. A variation of musical chair bag holders.

Meanwhile the TRII battle field is Duncan needing to dump 300M+ shares, and 20+ herd members trying to support the PPS at 02. Need to cough up $6M to do that. Again it took 5+ years for his other stock to get distributed. An easier feed. TRII is on the clock ticking.

Keep accumulating and averaging down. Duncan has plenty to sell down to 001 and beyond.