TRF 0.00% 1.9¢ trafford resources limited

the brazilian gold project

  1. 960 Posts.
    lightbulb Created with Sketch. 36
    I'll just throw this out there.
    It wouldn't take much for STK sp to go to $1 given how tightly held they are and the known gold area with high grades they are exploring.
    At $1 TRF's share is worth roughly $8M.
    At $2 TRF's share is worth roughly $16M.
    And at $2 STK is worth only about 90-100m so to me this sp would not be out of the question.
    If this happens it is getting up to the same proportions TRF made on Robust. Remember what happened when TRF paid out a in specie dividend to their shareholders for the Robust investment? TRF shares went to $1 based on everyone wanting to get their share of the dividend.
    I'm not saying this will happen again, but knowing what TRF have done in the past and the aggressive timeline STK have for their gold exploration, there is every chance TRF could be a multi-bagger in the not so distant future, solely based on this investment and based on their sp today.
 
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