Thadius ...... in your opinion do you reckon that the something from "left field" may be related to this quote from an TRF announcement of 23/1/2012 where the co. mentions that the immediate cashflow from the Robust sale ($7.4m.) ..."allows us to persue some most promising business opportunites we have identified" ....... & follows up on at the end of page 3 where again the co. mentions that "...we also have our eye on a number of other potential projects ...".
Could the co. surprise the market with some new venture in the coming weeks, besides also announcing the start of drilling on what the co. has defined as 5 "drill test" targets at the ground around IVR's Peterlumbo.
# Peterlumbo silver/gold/copper prospect : The Black Hill Prospect, within Peterlumbo, is approximately 15 kms from the Paris prospect.
# Death Adder IOCG target
# 17/1/2012 : Three reverse circulation (RC) drill holes have been completed to date. Zones containing sulphide mineralisation have been intersected in each hole ..... The gold in the 2006 drilling occurred in association with sulphides.
The full programme consists of 11 holes of both Reverse Circulation and Diamond Drilling totalling 1800m and is expected to be completed in approximately 2 weeks.
etc. .... etc...
TRF Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
