re: Ann: TRANSIT ACHIEVES CRITICAL PERMITTING...
for you tradedemon on something you mentioned about opposition from oil company, particularly the synergies bit..
There is an active oil and gas exploration program underway on our permit application areas. In fact, a significant US-based oil company recently completed a deep oil well on our leases and they plan to drill another well within our lease area in the near future. There is no conflict between our operations, primarily because the target oil zones are well below our target potash beds, and solution mining can easily co-exist with oil and gas production. In fact, as we have discovered recently, there may be significant synergies between our operations that benefit both parties.
I need to confirm the date out of which report this came ..but i think it was recent (ie last few months)
cheers
TRH Price at posting:
43.0¢ Sentiment: LT Buy Disclosure: Held