daytrades march 8 afternoon, page-223

afternoon traders, been quiet today

nice to see TRH finally moving, i've watched it reverse over the past month but kept highlighting value here - repeat buyer on Friday at 31c was a good sign, nice to see others agree with value scenario, Thursdays post below

TRH - with all this potash talk, i wonder what drilling approval plus a reminder of target size would do for Transit. Not sure if potential placement is holding this back but valued at close to zero with RAD holding plus cash

Company are waiting on Right of Way approval to drill potash targets from the US govt, it's been slow but getting close reading through announcements.

Previous target announcement from last year

Exploration target of 2.3 billion tonnes at 32.8% KCl(20.7% K20)

Due diligence is ongoing for Columbian coal project acquisition. 3 months diligence is up in a couple of weeks. If it goes ahead there's a placement for $2m at 20c.