Have to laugh with some of the updated commentary on Trafford Resources with www.nextminingboom.com.au article.
What if Gold rebounds next month? Or what if Iron Ore makes a rampant comeback? How about a worldwide Tin shortage that causes Tin prices to skyrocket? Will you be ready to ride “the great Manganese surge”?
How can you go about investing in a diversified portfolio of exploration opportunities with high potential, ranging across different commodities, in various countries? AND how can you ensure they are carefully evaluated and chosen by experienced mining and exploration experts, who have seen commodity price cycles come and go a dozen times, and can play them like a violin?
This company also owns an asset that is about to start producing cash flow in the near future. Regular readers of The Next Mining Boom will know that we prefer companies with imminent CASH FLOW, especially in this climate when cash is hard to come by for exploration companies.
The looming cash flow about to be enjoyed by this company has been 6 years in the making (with a whole lot of capital expenditure during that time) and you are hearing about it today, when the share price is at near all-time lows… excellent timing for The Next Mining Boom readers, just don’t tell the investors who have been waiting around for 6 years!
The company is called Trafford Resources (ASX:TRF). Put them on your watch list and thank us later.
TRF is currently trading at multi year lows of 10c, and much like all other mineral exploration juniors, has taken a royal pounding in recent times.
TRF are not relying on any one single project or commodity. Having interests in varying projects allows TRF to hedge its bets and benefit from the next commodity boom. TRF can be viewed as an investment fund run by experienced miners able to identify excellent value in mining assets, and use their experience to leverage commodity price cycles to their advantage. You could say they have their “fingers” in many pies, or should I say “tentacles…” (I promise this will be explained soon)
Can you imagine what would happen to a company like TRF if there was a resurgence in commodities across the board? They would probably be trading closer to $2 like they were a few years ago, during the heady days of when commodities were in favour.
TRF is certainly a stock to be invested in if you want to enjoy amplified gains when commodities broadly rebound.
TRF Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held
