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11/04/11
13:17
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Paper
If you read back over the last RMResearch paper, they talked about TRH Potash heating up in mid 2011. That was a pretty good call.
The report is fairly dull considering KRN (TSX) has 20 million shares on issue and is valued at $12.30 per share. TRH has double the shares on issue.
In the recent report, RMResearch talks about drilling and a re rating on the commencement of drilling.
ie
"Look for exploration results from Radar Iron and the
commencement of drilling on Paradox Basin to drive the share price in the near
term."
The Iron Ore has been spun out. What is the reason for releasing the report? There is always a reason.
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