"Here at Pure Speculation, we?ve been watching the latest developments in the potash and phosphate sector. Today, Transit Holdings (TRH) asked for a trading halt. Its price rose 66 per cent on Thursday, so that can only mean it has clinched permission to gain access to its potash ground in Utah. The hold-up had been the need to cross federal land. The share price rise? Intuition, no doubt. Nothing more."
TRH Price at posting:
72.5¢ Sentiment: LT Buy Disclosure: Held