please explain, page-2

Basically, TRF has drifted lower in line with IFE drifting lower, this is due to some delays in the projected start date of mining operations. They were expecting to start Q3 2011, now its planned to start in Q4. Not a big difference but we are also still waiting on mining approval and also the projected ongoing costs of production have steadily increased since first indications a few months ago.

Also as it has drifted lower some bots have traded the stock to attempt to cap it at these levels due to a likely capital raising in the near future to aid in funding the IFE wilchery hill project.

All of these things combined has left the share price drifting. 30c is a possibility depending on if a capital raising happens and what the price is within it.