While the international Ceasar report says to buy TRF, we had...

While the international Ceasar report says to buy TRF, we had our home grown analyst Eureka report saying to sell TRF only a few weeks ago at around 20c.

This is why Ian has said that Canada,England and China for example, have a better appetite and trust in our juniors than our own local institutions.

We are a conservative lot who have no faith in ourselves, and that is why getting finance from the big Aussie banks is near impossible. Look at the lack of faith in FMG in the early years.

While the DOW went up last year 15% our XAO went backwards, yet we have the so called best economy in the world. It is sad that us investors take the early risk, yet our insto's and super funds don't back innovative companies until much later when they are "safe".

Anyway I needed to get that off my chest, but the TRF/IFE crew should be proud for being recognised as so undervalued, and I am confident the next two months will see a M.Cap much more in line with the true intrinsic value which is multiples of where we are now. Even our dumb ass insto's can't ignore TRF/IFE to much longer.