on the verge of breakout, page-45

It has been a good run from the $0.30's but TRH would have to go to $1.91 to have an EV of $73 million (Assuming RAD @ $0.39). Refer to AGR's recent presentation for EV's of Potash explorers. What is the difference between AGR and TRH? I think AGR is still in the DD stage for their project.

Is AGR overvalued, or is TRH undervalued? This is probbaly the main reason why I have a "none" sentiment on TRH. There must be a reason for a massive EV gap between TRH and other Potash explorers.

ELM's market cap was $50 million before it had drilled a hole. That was before the "Potash Boom" so AGR could be valued correctly.