Things may be looking up in terms of cash in the bank, but the better gold is doing the worse TRE is doing. Look at today's close. Gold is up 16 TRE is down.

My concern near term is that there will be a correction at 1500-1700. If TRE cannot catch bid with gold going up imagine what will happen with gold going down.

I also have it on pretty good authority that the long funds holding TRE are loaning out their shares for the purposes of shorting. Tomorrow the weekly chart is sayinig we are headed down to 6.

Nothing makes sense here except that if you apply the rule of follow the money trail there is much too much money to be made shorting. Maybe the funds even the long ones want to pound the price as low as possible to average down and maximize profits.

I noticed that TRE has some 20 million shares held by funds on the long side. Frankly i don't understand why. But if they are in the process of pounding the price into the ground and averaging down then this makes total sense.

What does not make sense is that TRE keeps going down as gold is taking out 1500 and as I said it looks like TRE will be punded down to 6 tomorrow.

Again, this is not about whether TRE has potential. It is about a collapsing stock. After owning it for 5.5 years I really do not think the stock holder interests are very well looked after.

Whatever.