Stock Report for LifeVantage Corp. (LFVN)
  • Stock Report for FiberTower Corp. (FTWR)
  • Stock Report for Fannie Mae (FNMA)
  • " />

    Stock Report for Titan Iron Ore Corp. (TFER)

    Titan Iron Ore Corp. (TFER) is a junior resource exploration company focused on the rapidly expanding global iron ore mining sector. The Company is engaged in the acquisition, exploration and development of iron ore projects in the Americas; with a balanced approach strategy to explore and bring quality iron deposits into production quickly and cost effectively.

    Share Statistics (07-Mar-12)   FY












    Symbol TFER Revenue, $Mn 0.00 0.00 0.00 0.00
    Current price $1.29 Gross marg.
    52wk Range: $1.00-$1.32 Oper. margin
    Avg Vol (3m): 3,537,770 Net margin
    Market Cap. 64.16M              
    Shares Outstanding 49.74M EPS, $ 0.00 0.00 0.00 -0.01

    Source:, SEC Filings.

    Investment Highlights

    Titan Iron Ore Corp. (TFER) on Wednesday jumped 3.20% to close the session at $1.29, stretching gains into a fifth day.  Over 3.53  million shares traded hands during the session, versus the 30-day average volume of over 861K.  TFER is currently above its 50-day and 200-day moving averages, both set at $1.20.

    Shares of the Lynwood, WA-based junior exploration stage mining company have gained 31.0% in the last five days; 6.6% in the last month; and 18,982.8% year-to-date.

    TFER traded higher in late February after announcing results from drilling hole #2 of its winter 2011 drilling programs from the Strong Creek Fe/To deposit at the Wyoming Iron Complex located in Albany County, Wyoming. The Company reported that the results showed the average iron oxide concentration is potentially economic material in terms of its iron and titanium content despite some local variability in the assays.

    Andrew Brodkey, president of Titan Iron Ore, commented that the Company continues to be encouraged with the results of the drilling and assays from its Phase 1, 3-hole drilling program on the Strong Creek property, the larger of the two deposits within the Wyoming Iron Complex controlled by Titan. According to him, ore grade iron mineralization was found throughout the first two holes, from top to bottom and TFER is initiating more comprehensive metallurgical tests with SGS Lakefield to determine the methodology to recover concentrates of both magnetite and ilmenite from the Strong Creek materials.

    Initial testing performed by Hazen Research in 1993 focussed entirely on production of a high quality ilmenite (Titanium) concentrate and did not optimize the circuit to recover iron ore, he added.

    In January, TFER announced it has completed a non-brokered private placement of about 1.33 million at $0.75 per unit, for total gross proceeds of over $1 million.  The company said it intends to use proceeds from the offering as an interim financing to fund exploration at the Wyomex Iron Complex project. The interim financing follows the first private placement tranche which was completed via unit offering in June of last year, for gross proceeds of over $1.05 million.


    Financial Summary

    TFER has no ongoing revenues; has achieved losses since inception; and has been issued a going concern opinion by its auditors and rely upon the sale of its securities to fund operations. Accordingly, the Company will be dependent on future additional financing in order to fund its anticipated cash needs, and to seek other business opportunities in the mining industry or new business opportunities.

    For the period from inception on June 5, 2007, to September 30, 2011,the Company ncurred net loss of $429,371 consisting primarily of general and administrative expenses and professional fees incurred in connection with the day-to-day operation of its business and filing of its periodic reports and costs related to its mineral properties. Cash and cash equivalents at September 30, 2011, was $706,720.


    Financial Strength (07-Mar-12)




    S&P 500

    Quick Ratio (MRQ) 0.31 0.73 0.74
    Current Ratio (MRQ) 5.51 0.53 1.11 1.10
    LT Debt to Equity (MRQ) 0.00 20.86 14.34 189.87
    Total Debt to Equity (MRQ) 0.00 32.53 32.57 247.86
    Interest Coverage (TTM) 0.00 1.01 30.43

    Source:, SEC Filings.

    Technical Analysis


    TFER is within its Bollinger Bands. This is a normal condition suggesting that it is neither overbought nor oversold relative to the recent levels.

    The MACD for TFER currently indicates a strong bearish signal for two reasons. First, the MACD is below the signal line, a 9-day moving average. Second, the MACD is below the critical level of 0, which implies that the underlying moving averages are trending lower.

    Comparative Analysis

    Company Name Ticker Price per Mrkt. Cap. P/E P/S
    Mar07-2012 symbol Share, $ $ Mn 2011 2012 2011 2012
    Green Street Capital Corp. JAGR 0.0021 89.90K n/a n/a n/a n/a
    Cliffs Natural Resources Inc. Co. CLF 60.19 8.55B 6.22 5.17 1.16 1.05
    Alpha Natural Resources Inc. ANR 16.25 3.56B 162.50 21.96 0.45 0.43
    Steel & Iron Median       9.09 n/a 0.44 n/a
    Titan Iron Ore Corp. TFER 1.29 64.16M n/a n/a n/a n/a

    Source: Thomson Financial

    A principle of MSP has purchased twenty thousand shares of TFER in the open market.

    DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority.  We are neither licensed nor qualified to provide investment advice.

    The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice.  The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities.  We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

    Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company.  An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report.  Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.

    Any individual who chooses to invest in any securities should do so with caution.  Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested.  Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.

    Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934.  Subscribers are cautioned not to place undue reliance upon these forward looking statements.  These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated.  Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company’s most recent reports or registration statements filed with the SEC.  You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.

    We are committed to providing factual information on the companies that are profiled.  However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company’s plans or ability to effect any planned or proposed actions.  We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so.  Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.

    To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).

    We encourage you to invest carefully and read investment information available at the websites of the SEC at and FINRA at

    Leave a Reply

    Your email address will not be published. Required fields are marked *