I sympathise with you Uncleapl. My head tells me you have done the right thing and I should do the same , but I have already taken a bath on IFE and am now looking at worse on TRF. I had hoped that TRF would fare better because it has several strings to its bow but in reality it is strongly dependent on IFE assets and cashflow whch is now looking very doubtful. As "just another explorer", TRF shareprice will fall below 10 IMO. The only thing keeping me in (apart from natural human reluctance to admit I was wrong) is the possibility that IFE will be able to get permission to bulk store at the port thereby negating the need to spend an extra $30m on purpose-built containers. Without that approval IFE can not afford to get to production and is dead in the water; and then TRF is "just another explorer". So depressing......
TRF Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
