As far as TRF is concerned I am confident after speaking with Ian last week it is at basement prices.
No doubt IFE is priority at the moment, so a major drilling programme will commence next year. There is no point and also costly getting a driller in to do 1000m now. It is more efficient to do say 5000m min.
However there is a lot of preparation work by TRF geologists including aeromagnetic survey which they are studying now to set up hot spots to drill.
I can tell you there is a lot of excitement around the area where IVR have found 1000plus ag/t(silver)and most now believe it runs through TRF tennements. This could be a company maker itself.
The speculator will leave a lot of his followers upset in a few months.
TRF Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held
