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International Frontier Resources Corp V.IFR

Alternate Symbol(s):  IFRTF

International Frontier Resources Corporation is a Canadian company, which is focused on advancing oil and gas projects. Through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) and strategic joint ventures, it is advancing the development of petroleum and natural gas assets in Mexico. It also has projects in Canada and the United States, including the Northwest Territories, and Montana.


TSXV:IFR - Post by User

Comment by TSX-Newson Sep 20, 2013 8:03pm
321 Views
Post# 21756440

RE:RE:RE:RE:Why would they need to do a PP?

RE:RE:RE:RE:Why would they need to do a PP?"What was expected did not materialize"

Umm, what exactly was expected as you say? If you mean a buyout or land purchase agreement I don't see how IFR's purchase of other lands at all affects their ability to achieve a buyout or land purchase deal in the near future.

I think the easiest translation of what you meant is that you didn't like the share price direction so you sold. The only negative one could grab from this is that some claims were not bid on. But those lands were not close to IFR's holding. I like how the results of the auction were available yesterday but it didn't affect the price until someone posted it earlier today on Stockhouse. Just goes to show you the type of weak investors who sold today.

Sure you can listen to the TSX News blog on buying but you don't want to buy and hold for long term gains? There's 4 picks on the site since March. And the three prior to IFR - MBI, NCI and FSW are all doing fine weeks after they were picked. It's not like this is a pump and dump or short term trading site that switches positions a couple times a week. I can guarantee you TSX News has not given up on IFR. Interpret that in whichever way you like.
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