re: Ann: Iron Ore Agreement with Independence... TRF have essentially spun off the bulk of the IFE project now so why not look for the future.
This looks good ground with a promise of a good return (if successful..) and they are primarily an exploration company. I also like the strategic thinking, find something, spin it off and get a free carry.. Risk is $2million for the fist drilling commitment... over 2 years.. including drill costs.. sounds pretty good to me.
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