Let's hope they ink the final deal soon. If they do, there will be a rerating of this company and the SP will rise.
I was reading the other day in the Australian, about BCI Iron a successful Iron Ore producer In the Pilbarra which farmed out some of it's tenements to get funding. They were 20c in 2009 and yesterday hit $3.54. They are going strength to strength.
Whether OGX has a continuous tenor of Gold is another story. We are yet to see these other results for the other 8 hole mineralized remaining holes assayed. I would be simply happy to see this as a pure multiple million ounce, low costing silver producer. 17 metres of 1200 grams a tone ounces silver is an exceptional hit of Silver.
TRF have a large diversified portfolio of quality mining prospects, with good news flow across many projects. Large upside potential here for this specie, if they get things right.
TRF Price at posting:
8.6¢ Sentiment: LT Buy Disclosure: Held