trh should get plenty for bang for its bucks.

placement within the next 3 months 10mm shares.

TRH should get plenty for bang for it's bucks.

lets say placement price is 40 cps X 10mm =$4mm

they already have a couple of mm in the bank, so you might say they have $6mm for drilling (less corp expenses).

if the drilling goes extremely well then one might see the share price perhaps over $1.00

fully diluted approx 50mm shares

$1.00 = market cap approx $50mm

$1.50 = market cap approx $75mm

the above two possible market caps are still extremely small...

resource of 5mm tonnes @$20 per tonne =$100mm

resource of 10mm tonnes @$20 per tonne =$200mm