I am overexposed to TRF and believe that they will come good in 2011. However, they tend to be slow and informing shareholders on what is going on. The IFE feasibility study is the most glaring example of that. In November last year I heard Ian Finch state at a Mining Expo that the study would be completed by the end of March 2010. Six months later we are still waiting. Now I know complications occur but we have not been informed, to my knowledge, as to why it has taken so long.
Now the gold results are another case in point. My the ann to the market on 27th July
"A Further 330 samples have been submitted to the laboratory for gold analysis. Results are expected shortly."
That over two months ago How long does it take!!
TRF Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held