TRF 0.00% 1.9¢ trafford resources limited

all sellers have left the building, page-7

  1. 415 Posts.
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    The Speculator is an idiot. The market reacts negatively to every move he announces....hence expect TRF to rise over the next few days !
    I just can not see any downside to this share; IFE is on track (albeit slower than management predictions - no surprises there !); ROL is tripping over gold nuggets on Romang; and there are the untapped/unvalued gold rights at W. Hill. Share price is at a 30% discount to holdings in IFE and ROL alone . I have previously seen some commentary that TRF is a holding company and should be valued at a discount, but it has effective majority control over IFE and IMO that should give it an enhanced value not a lower one. Current low SP is simply a brilliant buying opportunity IMHO. The first 2 years returns from Wilcherry Hill alone should put a value of .75 on TRF. Oh, and by the way, Greece is not a market for any IFE or ROL resources !!
 
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Currently unlisted public company.

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