Ann: IronClad Mining Ltd to Merge with Trafford Resources Ltd, page-4

Hi johnnydust, IMO! Unfortunately it is irrelevant what IFE was 3 years ago , or even 3 months ago, now IFE is 1.7 cents , TRY is 2.0 cents Crikey that looks to me like a good deal for IFE. I'm sorry to say that you are basing the value on something that no longer exists,that the small iron ore producers have a future, frankly the small iron ore producers have no short or medium future ,they are kaput I'm sad to say. IFE , if anything would be an albatross around TRF's neck. I can't figure out what Ian Finch's intensions are, maybe just to keep the retailers guessing. Melding two "no-hopers "together ain't going to solve anything.{ 2 times 0 equals 0! }TRF and IFE are disasters, big time. If you look at historical values to justify an investment , you are going to run into big trouble. Mind you I'm not one to give advice as I still hold TRF, I'm not proud of it! Not worth buying even at these levels, and too cheap to sell.Best seasonal wishes to all, holders or not!l