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Thanks tc,Haven't really looked at their potash stuff in depth -...

  1. 1,857 Posts.
    Thanks tc,

    Haven't really looked at their potash stuff in depth - found an exert from this link:

    http://www.businessweek.com/news/2011-01-27/potash-gains-after-raising-profit-forecast-on-prices.html

    "Potash, a form of potassium, climbed to about $606 a ton at the end of 2010, 13 percent more than at the end of the previous quarter, according to a Bloomberg index of U.S. Midwest retail prices."

    At what price does their deposit become economical?

    Given they are working through a new leaching process atm, management must sense that the project has potential.

    Cheers,
    The Sparkler
 
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