TRH was always going to suffer dilution in the IO asset spinoff to bring in some funds...but now radar can drill like crazy, TRH couldnt do that coz we had to balance our limited funds across the two projects...
The SXX thread over in the UK really is fascinating!...They really do want to take us out cheap (all speculation ofcoarse)....but just the nerve to think it!
SXX gone vertical after recieving permits...check it out.
http://www.iii.co.uk/investment/detail?code=cotn:SXX.L&display=chart&it=le
Same will happen to TRH, even more spectacular I think as we have only 50m shares on issue compare to 700m+ for SXX (cant believe they have a market cap of over $100m...seriously!!...thats the equivilent of TRH being $2!!)
.....BUT utah beuracracy is killing us, Dakota proces seems less painfull....wonder why?
Bottom line...must get drilling permits!
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TRH was always going to suffer dilution in the IO asset spinoff...
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