TRF 0.00% 1.9¢ trafford resources limited

2014 -the rise of trafford resources.

  1. 2,120 Posts.
    3 month Tin contracts on the LME at the moment are US $22850 or AUD$25800.

    Zealous is an exciting prospect for TRF. Further commencement of drilling of around 1500m should equate to 8 to 12 new holes being drilled between 50m to 100m spacing. The deposit is open in all directions and it will be good to see chase up old IFE 2012 holes to the east, where drilling was only done to a shallow level of 50m missing further tin mineralization at deeper levels. It is important to note any lower grades reported earlier with some holes were reported with loss factors, as drilling intercepted a interphase of water which contaminated some assays. It is nice to know we have water in the area which is required for mining. Grades of more than 1% to 3% are considered to outstanding. As shareholders, we are hoping this mineralization is extensive and goes for hundreds of metres to prove up high JORC tonnage. I'm expected some assays results back from labs between mid Jan to late Feb. As Ian said " The tin will be a clear winner for Trafford if we can prove up a sizeable resource." There

    Consolidated Tins CSD have had their SP appreciate in recent months from 5c to 9c on the back of some good announcements with some
    intercepts of more than 1%. They also announced that ore will be
    exported to China for toll treatment, a Roasting Reduction facility which save the company large costs in CAPEX costs. There maybe be further upside for tin stocks if the Aussie dollar drops further to US 85c in the next few months.

    The fundamentals have not changed for the Iron Ore Manganese project with Ironclad IFE. The Iron Ore spot price is holding strong around $130 dollars a tonne. I'm expecting major announcements between February and May for this project.

    Announcements we hope to expect as a company maker, include Feasibility studies, Financing news, Major Insto holders onboard, and major brokerage coverage. I'm also looking forward to upgrades of DSO and with the Manganese. Years back Sydney Stockbroker Charlie Aitken tipped hundreds of clients into Fortescue years when they
    were beginning. Fortescue went from 15c to $12. The rest is history. Fortescue are now the 3rd biggest miner.

    There should be more Orinoco Gold game changing news in January with their 28 tonne random bulk sample coming out. This is an exciting project for TRF. A possible rerating of OGX alone will result in a rerating for TRF.

    Time to enjoy the outdoors and not worry about the SP.

    2014 will be Game changer for all Trafford holders
    Merry Xmas
    Arlberg1




    other Iron Ore miner has the value added robust economics of important Manganese on their tenement.
 
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