With us today is Frank C. Smeenk President & Chief Executive Officer of KWG Resources Inc. Mr. Smeenk discusses recent conversation with Noront Resources after proposed acquisition of Cliffs Chromite was announced.
TRX is going to crash to 1.50 this week. If that does not hold it is all but over and TRX will be worth 10 cents because there is no miore support or market.
It might rise out of the ashes, but this week is crash week. TRX will get pummeled into oblivion. Not because I want it to, but becasue the charts say so.
This is really sad and imcomprehensible. The more news comes out the worse the company does. Maybe it has to do with the fact that the yearly losses keep increasing year after year with no earnings in sight.
In one year shareholders have lost $800 million. Wow! What a nightmare.