Look at July 13th Hotcopper Price graph chart above.. Large Rise then Fall.. We need certainty of financing/ Iron Ore increase and the trading volumes will hugely restored, and we may attract insto's and fund managers..
Last year huge low with TRF SP from 8c in July, then it rose substantially to 22c in late September, as Spot Iron Ore price rose before the crash in Iron Ore price..
Im down very much with TRF at 12c mark. But Im still happy to be holder..And the art of a great investment is when you have held for so long to see it one day rise. Sentiment can change in a flash, especially with strong fundamentals..
Dont write off Trafford, after 6 years of head banging against governments departments heads , all regulatory hurdles have been met. Times are a changing though, and I feel a great day is coming soon and for a large rerate..
Stay positive and Don't sell to weak hands. Stockbroking identities from Melbourne Sydney are looking at this at the moment..
Cheers Arlberg1
TRF Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
