First off its nice to see some of our old posters return. I too have been pretty much absent of late due to work obligations and the holiday season.

Although we have seen a sudden shift upward and some active trading in a number of ROF stocks it has been done largely on rumour, there has been no real ROF news in some time. ( excluding FWR's NR yesterday)

I for one am at a loss as to why assays are still taking so long to come to news.

This new hand held gizmo which I saw at the trade show should be reducing the number of cores being sent into the labs and as a result it should be producing results at a much faster rate. There is absolutely no excuse for a lack of results being publicized. We know that fwr and NOT have these devices. Its time for news to come out in a more timely fashion.

Do not get me wrong, I am still very very confident that this area has much potential and that that it is way undervalued. Of late share prices have been gaining steadily and since dec 1 we have seen almost a 100% overall gain in share prices, mind you that still 50% below my buyin but there are so many factors that influenced the downswing that I am still confident that i will be back at breakeven by the end of march.

Which leads me to my opinion request. There has been much talk about investing in the TFSA and I plan to open one for both my wife and myself. My question is this.......

I will have approximately 20-25K available to me sometime prior to the end of February. My thought is to put it all in my RRSP (stock account) in which I still have room to contribute and take the 40% return on my taxes and then invest that money into the 2 TFSA's. In both my RRSP and the TSFA i will purchase more ROF stocks and probably buy some more Grizzly (GZD).

Would you follow the same thought process or put 10K into the 2 TFSA accounts first and the balance into the RRSP?

Thanks in advance for your opinions. All opinions are welcome, thats the way we all learn.

Best Regards

Storm