I am struggling to understand how TRF shares are still priced as they are. Maybe people are waiting for the feasibility study to be completed and announced? I really am unsure but to me it seems if they start production Q1 next year as they expect, and even make a fraction of the profit that they could per annum (say $25mill as 60% interest from the Wilchery Hill project) that is still above half of their current market cap.
It just doesn't make sense to me. If I had more free funds to commit to TRF and accumulate more I would at these prices as I think this time next year, if they can do a reasonable job of meeting their objectives, the current price will look like an absolute steal.
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