The value of Titan Iron Ore Corp (OTC:TFER) stock was gradually increasing in December.
When in the middle of the last month the company’s shares started trading more intensively TFER stock was positioned at $0.7 per share.
In a couple of weeks the value of TFER stock rose above the $1 mark. During this period trading volume was constantly bulging up and on the last session it reached 1.2 million shares.
TFER stock can also boast with a full month of positive sessions. Even yesterday, TFER finished in green numbers after rising 2.83% to $1.09.
On December 22 TFER officially announced that it had delivered notice of its decision to exercise its option to purchase the Strong Creek and Iron Mountain mineral claims located in Albany County, Wyoming.
According to the announcement the Wyoming Iron complex consists of mineral, leases and unpatented mining claims aggregating approximately 683 acres and is wholly owned by Wyomex LLC.
Earlier during the month, TFER announced progress on its exploration activities at the Wyoming Iron Complex.