I think you will be safe with your purchase at these prices as there isn't hundreds of millions of shares on issue and it can increase just as easy.
It may take another month or so for this to be unwrapped and get back over 10c but at these prices you have a gift.
TRF IFE OGX charts all look ugly and you would think by these charts they have no prospects at all. That is, you would think they have no minerals they have no approvals of any kind, they have no resources at all and no potential.
However we all know this is not exactly the case. Each company is on the crusp of being in favour sooner or later.
I never noticed how bad the resource sector has been hit in the last year. In Paydirt mag they talk about how resource IPO's and placements have been the lowest amounts in many years. They feel it will turn but it could take a year however when it does you would like to be in junior companies with big potential.
I am as tired waiting as anyone else, but my gut feeling tells me we are not far away for one of these companies to get the ball rolling sooner rather than later.
TRF Price at posting:
7.2¢ Sentiment: LT Buy Disclosure: Held