TRH
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TopwonI don't think the market believes you about the timing of...

  1. tradedemon
    2,273 Posts.
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    26/03/11
    19:26
    Post #: 8170015
    Topwon

    I don't think the market believes you about the timing of TRH drilling.

    According to AGR's latest presentation, the company is planning to drill in may 2011. AGR's resource is about the same depth as TRH and the exploration target is supported by 2d Seismic data and oil exploration. AGR has done extremely well to get backing from institutions.

    If TRH are close to drilling, why are they valued at $4.12 million, compared to AGR's $73 million EV?
    TRH Price at posting: 40.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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