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Member
Ahhh, did you mean Trafford TRF?
TFE is Territory Iron...
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Member
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Junior Member
Robbo another blinder, how the hell do you find these shares?
Have you any predictions on where you think this one will go?
Rainesy
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Member
Surprisingly there was a bit of a gap b/w the shares and the options when the news hit this afternoon - a 35c differnce instead of the usual 25c - I hopped in and bought 20K options and made a few grand. Easy money. Let's hope they keep rising.
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Trafford (TRF).
Hi Rainsey,
Answer to Q. 1.
Here the... odd whisper... via Uncle Maxie, at...'The Pub'...
Answer to your Q.2.
The second annoucement ....re the 44 miillion tonnes at such a high grade of Magnetite ...> greater than...70% FE...allows one to predict/speculate--!!!-- ,....that TRF could have a goodish chance of being at least-- be a 5-7 bagger ++ (within four to five months imo--) ....from the share price ....of TRF....namely 35 cents-- when I began.... the post---.on TRF....last week....
-However,imo, caution, Rainsey, needs imo to be observed, coz, TRF is:
(1) A Explorer and a spec.
(2) TRF-- is not earnings based and/or.... Investment Grade...in any way or form-- -- imo-- in that respect.
(3)It has a long --make that a very long-- way to go ---to ever become a possible Iron Ore mine...
(4) Shareprice likely to be volatile and fickle.
(5) Will be largely 'news' driven...
(6) Watch for ....posssible-- Chnese Sino Secuties type moves...possibly in this respect....
(7) -Traders will possibly move the price around a lot with TRF-- over the next several weeks and months...
Overall--however; yes.... I personally-- do definitely-- like TRF at these prices....with... the warnings and caveats ...of the above...and below...
Kindest Regards,
Robbo.
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Junior Member
Thanks Robbo for your reply. Too much risk in this one for me so I'll have to give it a miss. I suspect it will drop sharply on Monday morning as traders take their profits. Could be wrong though.
Rainesy
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Member
quote: Originally posted by Rainesy
Thanks Robbo for your reply. Too much risk in this one for me so I'll have to give it a miss. I suspect it will drop sharply on Monday morning as traders take their profits. Could be wrong though.
Rainesy
Rainsey,
The MC is still tiny for the inferred resource and the exploration potential. Can't see it dropping for long, but we will see.
DYOR, I am a biased holder
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Junior Member
Hey denpal,
I don't think it will stay down for long, there is definately money to be made with this one. However I'm sure the "day traders" will not be able to resist the juicy profits at hand.
Rainesy
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trafford (TRF)
Hi gang,
still hold to my ....original-- 5-7 bagger in 5-6 months hypothesis.
regards,
robbo
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