Does any one else have any ideas about how TRF will raise the money? In all seriousness, what are these guys to do? Fold? Cut the director's pay packet? I haven't had the opportunity to read Forty's comments and I'm sure they have merit, but instead of bagging the crap out of these guys, why doesn't one come up with a solution?
IFE is miles off, I do not think they are going to raise the money any time soon...$10 to $15 Million is not going to pop out of some Chinese investor's pocket just like that. TRF are hedging their bets and they need this money to stay afloat and keep drilling. It's as simple as that!
If you think you have lost fortunes, then welcome to the club!
TRF Price at posting:
11.0¢ Sentiment: LT Buy Disclosure: Held
