With every 14c ROL increases, this increases TRF's holding value by 1 million or just over 1c per TRF share.
Just my opinon but ROL looks like it is about to go crazy and yet TRF sits idle around 41c per share.
This has been done before but trf's ROL and IFe direct holdings are equivilent to their market cap and trf also has gold rights and a 20% free carried share in all of IFE iron ore tenements. As IFe gets closer to mining, surely the 20% share will get revalued upwards. IMO that this should hold approx $15 - $20 mill right now - let alone when ife starts producing.
TRF is starting to look like an absolute bargain once again.
TRF Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
