email from the company

am thinking of taking a position this arvo or earlt tomorrow.

Thought I better see where manamgement sits on the Price drop.

Here is his reply.


Hi – it’s all said in the announcement – there is more work to do, our aim is to continue on and we have the funds and expertise to do it.

Nicholas Jolly
Exploration Manager
Transit Holdings LTD
Level 2, 16 Altona Street
West Perth WA 6005

Phone + 61 8 9482 0500
Fax + 61 8 9482 0505
Mobile + 61 4 2413 8050
[email protected]
skype: njolly74



Hi Nicholas

The market has hammered your TRH share price down 60% thinking TRH is no longer going to survive as a company and has no further prospects.


A 55% drop in one day is pretty heavy. Whats the plans from here?