where trf and ife are at as we speak is one thing.
now look at it this way. assume trf and ife have never been heard of before. they both have some cash. both have prospects. both need funds for their prospects. today they start out and go for the winning post. no need to forget the past cos they are newcomers.
now doesn't it look brighter ?
40 has just about all his available petty cash in oz in both these outfits and holds a pile of trf in london.
disappointed yes but not so worried.
40's sleeping at night looking forward to then next day's asx announcment/s when we should get some continous positive statements. it will happen i'm sure. sad but time is needed and much more than we had hoped for.
cap raisings be they bank finance, rights or whatever will eventually get all this along. it happens. it has happened. it's not new. its now and stay on i will but i'll not chase.
i do sincerely see that some day on we shall look back at a small hiccup. large as it is now.
to avoid big losses prepare risk management strategies, diversify and be patient. as the parrot has said 'do your homework. if it looks like it's going to 1 cent and it's all over rover then ok' but my homework JUST SAYS CRAP MANAGEMENT DECISIONS which can be put right. it will cost but it can be put right.
be good,
40
who's having a hell of a time these days and is off for his cafe con leche. sluuuuuurp.
TRF Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
