TSXV:AAA.P - Post by User
Comment by
Kantenahon Aug 17, 2010 8:01am
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Post# 17356282
RE: RE: BHP wants more Potash:
RE: RE: BHP wants more Potash:
With recent events in Russia and now BHP's bid for POT, it is clear that the big boys in the industry are going to build an oligopoly that will put OPEC to shame.
This can only mean higher potash prices in the long run. It also means that smaller players will steadily be taken out. This can only be good for AAA.
Is it a coincidence that Hole #4 results will be coming out just as all of the action in the potash market hits its zenith? I don't think so!
As I have said before, everyone should accumulate all that they are comfortable holding while the price is in the 30's, then sit back and watch the maestro (a.k.a. Farhad) work his magic. It is a thing of beauty.
-K