It's a Very small Capital raising, with Stage 1 an extra 7 million units to be issued with a free attaching option to sophisticated investors. Stage 2 to be issued to current investors. Total amount of shares to be available on the register around 90 million+ Not much for a junior mining company if they are landing exceptional drilling results..
"Trafford is embarking on an exciting period of exploration at Silver Tin Tungsten, Gold , drill ready targets at Wilcherry Hill South Australia"
10 cents could represents good value, if TRF back up further strong Tin results at Kimba. Plenty of news to come in coming weeks with their 19% holding of OGX in Brasil.
Arlberg
TRF Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
