re: Ann: TRANSIT ACHIEVES CRITICAL PERMITTING... Today's buyers...

re: Ann: TRANSIT ACHIEVES CRITICAL PERMITTING... Today's buyers seem a little tentative to grasp the opportunity here.

Sure it's been off the radar, its a very tightly held company, has a very small market cap, only 30 mill shares etc.

But now the critical permit has been granted, we are set for off.

When the scoping study is released - and that will be any day now, the value will be a lot clearer, and decisions on share price more obvious.

Some clue was given by gizard yesterday. Intrepid Potash in the US of A has a market cap of $1.6Billion US. It has three potash operations, in total from what I can find they produce around or a little less than planned by Transits scoping study. (someone might be able to correct me there).

I'd expect the scoping study before open on Monday or Tuesday (we could have another trading halt at any time). Those not on board by then will be kicking themselves. While some of us will be sitting here patiently, smiling.