Market cap just shy of $50m,
have cash circa $15m,
have RAD shares worth $5.7m,
E/V is around $30m.
South Boulder Mines has 547.62Mt @ 18.58% KCl,
STB share price was running from 66c (26/8/2011)to $6.25 (1/3/2011).
STB has an exploration target of 1.25 ? 1.75 billion tonnes @ 18-20% KCl
TRH's Paradox Basin Exploration Target is 5.2 billion tonnes of sylvinite ore at an average grade of 23% to 34% KCl.
TRH has circa 3-4 times potash exploration target STB has.
TRH may skyrocket to $6 as well following the success drilling next month.
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