Hi,Arlberg1, I don't share your unbridled optimism for all TRF's prospects ,wish I did! (Are you quite sure that you're not a Ian Finch doppelganger?). I don't reckon the Telephone Dam lead-zinc prospect has Buckley's chance,probably needs a minimum of 4% zinc equivalent to be a marginal,low grade open cut. Exploration to date indicates it just isn't there. Reserve opinion on the manganese,there's a lot of it about, early days as yet. The latest results from Orinoco haven't really done much to enhance it's prospects either. I was under the impression that the IFE iron deposit would have been generating cash for TRF some time ago. TRF made a big thing about it ,remember the Aladdin's cave stuff! This has been the biggest disappointment. TRF needs the cash to fund the Zealous tin prospect ,IMO potentially the outstanding prospect. TRF still worth a punt but I think management get a trifle carried away with their optimism. Best of luck to all.
TRF Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
