But you are invested right pattyp? I guess the way to look at it is that based upon it's peers that are not even targeting the same volume of resource, the MKt cap is so much lower and this project is in a far safer country for investment. Yes there are many things that are questionable (cap cost of mine, management, etc etc) but for the target resource size with previous holes already identifying the potash in place, the mkt cap is way to low IMO.
So for me it is highly speculative but the downside at current lvls is small. Also remember they have 37% of rad which is significant IMO.
We'll see what happens but I think this could poke down to early/mid 50's then we see a move higher again heading into mid next week.
TRH Price at posting:
65.5¢ Sentiment: None Disclosure: Held
