TRF 0.00% 1.9¢ trafford resources limited

Agree Zonker, we need some actual results not hints of things to...

  1. 415 Posts.
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    Agree Zonker, we need some actual results not hints of things to come. IFE is the key to TRF in terms of providing future regular cashflow. IFE must get those final approvals through and start shipping ore while there is plenty of margin in the Fe price. I note that TRF and all of its component parts (OGX and IFE) are up today so obviously someone thinks there is some positive news out there. Still, a very long way to go to "break even" for me in TRF.... and that is after significant averaging down as the SP has fallen. I know other long term holders must be in a worse position - many have entry cost above 50. Still, there is nothing to say that all the promise these shares have shown over several years will not come to fruition in coming months. While the mining "boom" may be over I personally think there is still good money to be made from mining companies with good reources.
 
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