Yes, I am bullish, I'm not going to apologise for that. I have been incredibly disappointed with the share price like everyone else. I agree that I would rather they focussed on the job at hand in getting the iron ore and gold at Wicherry out the door. But in the same instance, they are doing this already, its just that they haven't communicated their activities to shareholders very well. With their overseas expansion - some of what Ian says may be slightly taken out of context. The way I understand it is the overseas projects won't take their attention away from Wilcherry Hill. They are merely setting things up nicely for 2012. You have to get your projects up and running and get drill targets ready well before you start drilling (a year before at least), this is their aim. And by this stage they will have some money coming in from the iron project. If they need more money this year I think they would rather sell a few Robust shares instead of asking for shareholders to front up cash again. This has been a brilliant move by TRF. An announcement soon about their exploration plans at Wilcherry Hill for 2011 is needed for everyone's sake. I do have intimate involvement in the mining industry and have some understanding of how things need to work, but that doesn't mean that I am right. I am however a believer in Ian and TRF's strategy and projects.
TRF Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held