Club Mulgoa

Monday, January 16, 2012

TRF

http://www.asx.com.au/asxpdf/20120117/pdf/423smkwgsl3vh9.pdf

With such a fantastic history, you wonder why TRF never explore any further after 2006. Management lost their interest or lost their tracks. One of the most interesting aspects of TRF is that there is a Canadian tipster that put it in their top 10 stocks for 2012, one of 2 ASX stocks in that list. It has an iron ore offshoot which I have sold for a nice profit (and it went higher of course!).

I can never understand how some companies operate and how investors value them.

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