a couple of questions, page-5

Hi bobesi,
I am in a similar position, I guess, sitting on a decent loss with this one. While there seems to be so many positives with ELM, the market has been brutal toward companies needing to raise capital recently.
I think ddzx is correct, potash is not the darling that it was a couple of years ago, however I don't think that i the main reason for the decline in price. Other small caps I have followed with good stories have suffered when it has come to raising cash. VMS is one, their share price dropped dramatically in November when they announced an increase in CAPEX, even though the increase in production would have easily paid off the increased costs.
I still believe that in a world with a growing population and a shrinking area of arable land, potash is going to be needed in greater quantities than today and ELM have a fantastic resource. My hope is that 2013 will see a return of funds to the markets, already there seems to be more risk appetite.
My humble opinion.