TRH 0.00% 83.0¢ transit holdings limited

drilling program, drilling locations & history, page-5

  1. 4,727 Posts.
    lightbulb Created with Sketch. 234
    I agree with everything you say DDZX but the company managed to make that announcement sound extremely negative. Sure TRH has plenty of Federal Ground (Trying to get MOU with BLM) but the announcement has a negative tone.
    ie

    1) "suggest thinner and lower grade potash in Bed 18 and Bed 13 compared to Husky Fed 6-15 "

    Expected to be slightly lower but that leaves the reader/investor/trader speculating that the grades and thicknesses are not good. Negative

    2 "which may be related to differences in mineralisation across the eastwest fault"

    differences in mineralistion causes the investor/trader to question TRH's resource target.

    3. "Transit will use the results to attain a better understanding of the geology of the basin"

    once again, the investor /trader questions the credibility of the resource model. Negative.
 
watchlist Created with Sketch. Add TRH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.