re: Ann: Share Purchase Plan and Bonus Option...
Hi chucke and all, this is my opinion only it is not fact. Rationally quite difficult to imagine how IF intends to drag TRF out of the hole into which it has fallen? (Or maybe it was accidentally pushed?) Pretty embarrassing considering his previous mutterings with respect to the Aladdin's cave,etc. A couple of years ago he was adamant that TRF would,by now, be a self funded exploration dynamo.He sure as hell got that one wrong! Appears that the more involvement TRF makes the worse things get for the poor share holder. All we need now is a share consolidation to really finish us off! Can't see a SPP doing anything to improve our prospects in this market, there won't be much money raised since only the hierarchy will subscribe, and that's because their salaries far outstrip the money they outlay on the SPP, makes them look good though! Ask yourself how are TRF going to survive since they barely have enough left to fund even a modest exploration program. What can be done. Fortunately I have the solution, get down on your knees and pray for the largest slice of luck imaginable! Or hope iron ore rockets to $250 per ton! Still it's only money ! BOLTA!
TRF Price at posting:
6.0¢ Sentiment: None Disclosure: Held