re: Ann: Epithermal Mineralisation at Black H...
What strikes me as they still sound very confident, so I don't think all is lost. And it is very rare to nail the greenfields drilling first go. Maybe they think the new gold projects will deliver good investment returns ala ROL. I think there is a good chance of that happening as well. Lets see, make $10-20M on the Orinco investment, pay shareholders a dividend, use the money for further drilling or further investment. Good idea, just may take 1-2 years to realise. In tough times, I would tend to go with the discoveries you have already made in your own backyard. hint hint, Weednanna gold. The fact that they aren't...may mean they are still confident IFE will be digging it up for them shortly.
TRF Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
