TRF trafford resources limited

its laughable how nobody is buying this, page-9

  1. 1,038 Posts.
    Its good that day traders are effecting the share price of TRF negatively. If they didn't we wouldn't have the opportunities to buy up more TRF at the lows.

    My holding grew considerably in the low after the recent 44mil announcement. At the price it was at i couldn't resist.

    Does anyone care to estimate what tonnage of iron ore would be required for TRF to produce and break even? I have no clue what resource quantity would be needed to make this operation a certainty, but the comments of McKay that the current tonnage could support a 20 year operation sound positive. It all looks positve in terms of recovery costs (close to surface), iron is easy to extract from ore, grade of iron, proximity and access to infrastructure.

 
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