AgriMinco Corp ETPHF

RE: looks like a big descending triangle..

[Kantenah]

The chart for Allana looked very similar in the Spring/Summer of 2010 as the MM's worked to control the SP before the release of assay results.

Once FED's news starts to flow and assuming that the results show potash thicknesses and grades similar to Allana and South Boulder, we should see nice appreciation from these support levels.  In the meantime, I am taking this opportunity to accumulate.  My logic is as follows:

1. FED's land package in the Danakil Basin is several times larger than Allana's (481 sq.km. vs. 160 sq.km), yet their market cap is only $57M vs. Allana's $235M.  STB's current market cap is about $200M.  A few good holes for FED should close these gaps very quickly.  If FED can prove that the potash extends into their property in good measure, their market cap should blow past AAA.

2. From FED's most recent news release we know that they have "completed five (5) holes and drilling of Hole 6 is ongoing with total drilling through 1,000 metres to date, of the planned 15,000 metre diamond drill program on its 481km2 Danakil Project, Ethiopia. All of the holes intersected the regional Danakil Potash Formation and all holes intersected potash mineralization".  Translation: they are hitting potash in shallow holes.  Sounds like the same deposit that AAA and STB are drilling.  Therefore, no reason to believe that FED's assay results will be much different.

I just hope that there are no large macro-economic shocks to the market (i.e. Liquidity Crisis - Part 2) between now and the release of the first news release.

GLTA

-K