TRF 0.00% 1.9¢ trafford resources limited

in too soon as always

  1. 2,662 Posts.
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    As is my usual form I entered this stock too soon, paying 12.5c. I just should have known a few punters would sell lower if I'd had the patience to sit on the sidelines for a week or two. Mind you, I can't fathom why anyone is selling at 11.5c or lower, unless a big bloke with a shotgun is after them for unpaid debts. After all, new capital is currently being raised at 12c, the Lucky Bay approval is possibly only a couple of weeks away (which should propel the SP to 20c), new assay results from one place or another could arrive at any time, and a new round of drilling will begin at Zealous once the new capital flows through. Perhaps someone can enlighten me if I'm in error thinking 11.5c is a foolishly low price to sell at.
 
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