TRF > while the speculator does mention it the "tipsheet" actually refers to IFE and explains why it went from $1.02 to $1.58 because of American investors bought up based on the San Francisco... this is what the "tipsheet" said about IFE:
"The publication headlined its report with $40 million Aussie miner about to produce $160 million of iron ore a year
It continued: Ironclads Wilcherry Hill mine is one of the highest-grade iron ore deposits in Australia. The Chinese, who are by far the worlds largest steel maker, are eager to gobble up all the iron ore Ironclad can produce.
Right now, shares in Ironclad are dirt cheap because it hasnt begun production. But theyre coming online this year and sales will be four times the current market cap.
Because the ore is rich, theyre going to have big fat profit margins. Theres no way the shares can help but explode up. Im looking for 10-fold profits within two years,"
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