re: Ann: Wide near surface gold zones outline... Massive amounts...

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  1. 667 Posts.
    re: Ann: Wide near surface gold zones outline... Massive amounts of potential dradam but unforunately since the GFC people like to see the proof in the pudding (i.e. cashflows or extensive exploration / confirmation).

    I'm sure Trafford can get the exploration side of things done in time, the problem is cash. Ironclad have been dragging their feet and this leaves Trafford hanging a bit.

    Once that 20% free carry cash flow starts coming through i'd be surprised if exploration isn't cranked up big time. Not to mention any gold credits they might get from IFE's mining also adding to cash flow.

    I still strongly believe TRF/IFE will have their time in the spotlight, its just a time thing. Hopefully Ironclad can have their act together in Q3 and we can get some cash coming in Q4.
 
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