Interesting to see Avonlea (AVZ) rock chip results up to 60% fe in the next door tenements to TRH. AVZ is a Steinpreis company, market cap $5 mill (fully diluted)cash $2.5 mill. Early days but could follow in TRH footsteps.
Just a thought. Wouldnt it be nice if TRH placed the 10 mill shares (approved at AGM) to a single large foreign party? Wishful thinking.
Either way, looking forward to January's drilling program. TRH is still very cheap and regardless of market gyrations, iron ore is still set to go up circa 50% next year.
Its held up pretty well under the circumstances
Good luck
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