Has anyone noticed? Where are Ironclad and Trafford Resources Half Yearly accounts?? If both companies are low on cash, could we be closer to the big financial arrangement closer than we expected??
There might be some good "spark" back in the Iron Ore juniors Sector the next few weeks end Feb-March as the Iron Ore Price is expected to strengthen as Steel Mills restock. The Northern Hemisphere Winter ends in China and construction activities, large capital intensive projects start to recommence. Iron Ore Price historically goes down seasonally between October and March for each year anyway. No wonder TRF SP crashed from 23c to 13c, as Iron Ore price dropped for a junior. This graph was in the Australian last weekend.
Hoping the spark starts to rekindle in the next few weeks and for TRF SP as well.
Orinoco Gold project looks like a good near term cash flow project going into production sooner than expected. Cascavel developments appears to be advancing quickly.
Arlberg1
TRF Price at posting:
9.2¢ Sentiment: LT Buy Disclosure: Held
