Agree Mr C , I think TRF has a chance of surviving....but not IFE. How can the proposed amalgamation of the two companies be of any benefit to TRF shareholders ?
This is an extract from a post on IFE thread from TarskiBanach:
"Only hope here is a consolidated co, that ties to OGX and OGX goes gang busters, and then TRF/IFE can raise some capital (based on increase SP), and further the tin / gold / other interests. Seems like a fairy tale scenario now required..... "
What he is saying is correct from IFE's point of view but what it means is that TRF's value is going to be halved.
TRF Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held