transit stacks up well with its peers

After todays action, I had a read of ELM's & STB's last investor presentations, put out in feb/mar 2011. TRH stacks up really well, & its market cap is 10 times less approx.

ELM & STB will be open cut as their deposits are at shallow depths, although TRH's sylvinite grades are higher.

ELM & STB will have to do more drilling from what I gather, and they are not in production until 2015-2016. TRH should be in production around these times as well.

To cut a long story short, TRH is only going higher and I'm talking multiples up to 10 times. You work out the sums.

There will no doubt be some erratic SP action in the coming weeks & months, and throw in a capital raising as well, no doubt at a lot more than 80c. However more dilution will improve liquidity, and obviously the money wll be put to good use.

There's still a lot of water to go under the bridge, but if your comparing apples with apples, then TRH is looking ver very promising to the upside,

Oh, and did some one mention iron ore.