TRH transit holdings limited
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commencement of drilling

  1. frmen1
    2,054 Posts.
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    11/08/11
    10:29
    Post #: 8807460

    Transit Holdings (ASX: TRH) will shortly commence its much anticipated drilling program at the Paradox Basin Potash project in Utah, USA, and has contracted an additional land drilling rig with Frontier Drilling.

    Transit expects drilling to spud the first well in September 2011.

    Importantly, the company�s focus is on sylvinite, a high grade form of potash ore that is cheaper and more effective to process to a saleable form than any other form of potash ore.

    http://www.proactiveinvestors.com.au/companies/news/18561/transit-holdings-gets-set-to-drill-paradox-basin-potash-project-18561.html
    TRH Price at posting: 60.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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