hi blake_jw i think i have always made in clear that i have been...

hi blake_jw

i think i have always made in clear that i have been trading ELM this year (just in 10k to 15k lots). my investment position i hold in OKJ

i am holding 40k ELM at the moment at average price of 38.9 cents

if the ELM share price can recover to 50 cents, i will sell 20k and keep the other 20k because 38 cents is pretty low, IMO

$100M market for 1B tonnes of potash (and potential for 2B tonnes at higher grade) is looking pretty cheap. IMO

ELM closed at 42 cents on 24/9/09 when it announced the potash acquisition. i recall being the 1st buyer (of options)

regards