Yes TRFO could certainly be a HUGE multi bagger for you Plonka-...

Yes TRFO could certainly be a HUGE multi bagger for you Plonka- in the ST, medium or long... I have 50K shares in this that I will never sell that I picked up in share offer sometime ago.

Maybe I should be buying these as opposed to TRF... yet I have a rule of not paying more than a 25% premium. That means I want them at 8-10c. Then they will be approx 30c when TRF hits 70c in the future... Seems like a give unless they never get Iron Ore out the door ot their is a GFC2. Which looks doubtful as the market increases. Fact is however- anything can happen. Yet I have known the Management for sometime and they are fully invested. So I have confidence in this stock.

If they sell a good portion then I will- no doubt about it. Yet they will not- unless they are 2 faced which history tells me Ian is not.

Anyway- stick it out whilst they underperform. I cannot help by put in another buy in low 40s again. As Gold heats up to boiling temp, ROL is booming and we simply await the FE and strategic direction of IFE being our main interest.

Gold is a minor factor in my mind- any benefit from this is a small bonus. Compared to 2Mpa HUGE quality grade Iron Ore...

If it is the Singa seller- then this large holder will need to declare this... I will not like it if it is them- as they are in the know. But they have many other interests that they may need the money for... who knows. Correspondence with other large holders is not out of the question, so I will look into this... Need to think outside the square on this play- as it s unusual to underperform at this time. Cheers Jay