Ann: Trafford update on Twin Peaks drill programm, page-5

re: Ann: Trafford update on Twin Peaks drill ... Sorry Mr C it wont be me. Look I think TRF have significant potential (unfortunately for me I always have thought this) meaning that I bought shares in this company.

I think that over the past 6 years (unbelievable that I have held shares in some limited amount for that long) they have shown that they are able to make progress, but what they are good at, and this comes down to those in charge, is identifying potential, as with ROL and maybe OGX as well as buying up large parts of South Australia.

Now this potential is only potential if you can get something out of the ground that someone is willing to pay for, and unfortunately for shareholders of TRF that has been non-existent.

What they are bad at is having the ability to take this potential to the next stage and actual mine the stuff they find. They have had plenty of opportunity with IFE to get income flowing into the company but have been unable to manage the process of actually getting a mine up and running.

I dont anything about getting a mine into operation and I dont believe now, in hindsight, Mr Finch has either. Unfortunately (for shareholders) he has had plenty of opportunity to get things up and running in the past few years but has always come up with hurdle after hurdle which take months and months to overcome. Other junior mining companies seem to get into a position of mining why cant we?

I could go on and on as to promises made and not kept, deadlines next week or month that just get disregarded, this is why he (TRF) are not getting anymore of my money.

The funny thing is when you actually meet Mr Finch he comes across as a very likeable man with a strong story to tell and when I have spoken to him I have been impressed, but unfortunately so far he has failed to get an income stream for TRF or IFE.

Maybe 2013 is the year and the famous boat slide which was shown over and over again of the good ship IFE sailing out of port with I/O on with Dec 2010 written on the side maybe will read Dec 2013.

I live in hope!!