From a micro view the company really needs to get some runs on the board with IFE but in the meantime chasing the TIN story has many advantages. While graphite is the hot stock at the moment it seems it is a much easier commodity to find which in the future the supply will easily meet demand. High grade tin deposits seem rare and the price seems heading higher due to less supply.
The problem is they need more money to throw at the tin which we don't have. However if they can get IFE or OGX to soar then the TIN story has plenty of merit and a more secure and profitable business than a lot of the graphite stories out there. I know they have engaged tin consultant experts who have been on site and are confident they have something worthwhile at Wilchery Hill hence their bullish announcements on this discovery. These announcements have not been made on just TRF's opinion only.
TRF Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
