I've got a feeling TRH will fall back after the Diggers and Drillers inspired run on Friday.
The shareprice was already looking toppish at 91c close on Thursday.
I suppose D & D subscribers late to the party will still be buying but a 2.2% fall in Dow overnight will not help the stock that much.
I see it retracing to high 80's.
I also have a question about cash reserves...once they complete drilling programme will they have any cash left? Will there be another capital raising at this time and at how big a discount to the shareprice?
TRH Price at posting:
$1.02 Sentiment: ST Sell Disclosure: Not Held