good medium term investment, page-19

As fun as this is to watch at the present time, the party hasn't really even started yet.

Just looking at other ASX (STB, ELM etc) and TSX listed stocks with JORC resources highlights the potential TRH holds over the next 6 - 12 months and beyond.

TRH aren't commencing drilling next month hoping to strike potash.

There have been numerous oil & gas wells drilled in the area - TRH management hold this data as well as 2D seismic surveys.

The 4 wells about to be drilled on the state land in our leases will enable confirmation of our maiden JORC resource.

STB went from around 75c from the commencement of drilling in June 2010 to as high as $6.25 not long after they announced their maiden JORC resource of 548MT of Potash in late January 2011.

I can't wait to see what the SP of TRH is by the time we announce our maiden resource!

And from there we should also be getting pretty close to gaining approvals to drill on the Federal land. That would be a pretty nice kicker for down the track.