release out: hi ho .. hi ho ... , page-18

split, correct me if I'm wrong here but this ann tells me something quite clearly:

................................

1
27 July 2010
ASX Release
Best Gold Mineralisation to date at
Weednanna, Wilcherry Hill

24 Additional Gold intersections

All intersections greater than two metres,
largest 24m @ 2.0 g/t Au.

Intersection highlights include:
10m @ 3.09 g/t Au 10WDRC002
24m @ 2.00 g/t Au 10WDRC005
18m @ 2.33 g/t Au 10WDRC072

Gold mineralisation associated with magnetite currently
being developed as open pit Direct Shipping iron ore by
IronClad Mining Ltd.

Trafford to commence feasibility studies to become first gold
producer on Eyre Peninsula, South Australia
The Directors of Trafford Resources Limited (ASX:TRF) are pleased to announce the best
reported gold mineralisation to date at the Weednanna Deposit, Wilcherry Hill Project, South
Australia (Figure 1).
A summary of the significant intercepts is provided in Table 1. The gold intersections were
identified following a program of re-assaying for gold from holes drilled by Traffords
subsidiary company Ironclad Mining Limited (ASX:IFE) in 2010.
Under the terms of the Joint Venture Agreement between Trafford Resources and Ironclad
Mining, Trafford retains the right to any gold mined at Wilcherry Hill.

................................


now, for me that looks like gold prospecting results and a wish to complete a feasibility study to mine gold.


maybe I'm reading upside down or something !!!

where's the followup to this bait????

TRF, as I have said, will not communicate and leaves shareholders disillusioned.

Consequently the managements attitude has affected the sp.

Yes things look good with IO (not enough to affect the sp though) but one positive ann on gold and this sp would have a fit.

One has to wonder why the management doesn't use this to pump the sp.

I'm sitting here with my finger on the buy button but nothing is exciting me about TRF at the moment.

I'm not alone.