this weeks price guide, page-13

You know when you look at these numbers (scoping study) you can see the incredible potential that TRH has.

If TRH are able to pull this off, this mine could EASILY be producing 500-lbill profit a year or more on 2bill tonnes of Potash a year (based on assumptions of $500-700 a tonne Potash) and would yield a value for the project in production of upwards of $5 billion (based on conservative P/E, NPV and even comparisions to the likes of Intrepid Potash (2.4bill MCap 1mill tonnes Potash P/A)

There are quite a few assumptions that would have to line up, but many are looking good.

* Potash holding up and at over $500 a tonne at time of production (likely - possibly significantly higher)

* 7 years until production - if everything goes to plan (can't see major problems IF they prove up the resource, but you never know)

* 2.4bill capital cost funded by say 50/50 JV partner (or of course a T/Over)

* USD not dropping off the cliff (OK, this is the worry BUT it could actually work in TRH favour as costs would be lower, but potash pricing high)

* The management don't get carried away with cap raisings.

So even if they did prove it up and JV 50% to provide the capital to build at say $5-700 a tonne for Potash, this could be a 3-5billion dollar business (TRH stake alone)

And only about 50mill shares currently on offer and a MCap of 40mill

I know there are lots of stocks like this with potential, there is a long road to development here etc, but TRH is in the right place in the right resource and if Potash goes up higher well...

(Oh, and there is also RAD LOLOL)

TRH is a baby elephant and these are the ones you want to hold IMO.

I would be happy to wait 7 years to get an 100 bagger.