Ann: Best Gold Mineralisation to date at Wilcherr, page-6

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  1. 24,765 Posts.
    re: Ann: Best Gold Mineralisation to date at ... Note these key words from the TRF ASX report:

    "A delighted Mr Ian Finch said "That a number of positive signs including near record gold prices and the quality of the 2010 gold results at Weednanna will assist the market in reevaluating the in-situ value of the Willcherry Hill Project to include gold as a major credit to the existing known magnetite resource. The potential value for current shareholders is enormous."

    In other words the potential value for TRF shareholders is ENORMOUS. I think it is fair to suggest that the economics of the project are superior to TRF than IFE as TRF owns 100% of the gold.
 
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