TRH 0.00% 83.0¢ transit holdings limited

Found this article re a potash explorer across the border from...

  1. DSD
    15,803 Posts.
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    Found this article re a potash explorer across the border from TRH. Look at how their SP has climbed and climbed. More importantly further drilling and analysis has produced a resource 3.6x greater than that originally envisaged. Simply confirms one can't drill a single hole 3000' deep and base a mine's future on a single sample. 2 other excellent bits of news in article is that Canadian small-cap will use same extraction method as TRH namely 'solution mining' and check their estimate for potash by late 2012. 650 smackeroos/ton!! That's decent money in anybody's language. Im holding and waiting for more news from TRH. Interestingly Canadain article makes no mention of grade!
    PS. Note how small their 'new massive' resource is compared with what is anticipated from TRH!!

    http://www.miningweekly.com/article/potash-junior-karnalyte-rises-on-big-resource-boost-2011-09-01
 
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