TSXV:AAA.P - Post by User
Comment by
aaa-ftwon Sep 16, 2011 11:02am
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Post# 19050023
RE: Mackie on potash / low price target for AAA
RE: Mackie on potash / low price target for AAAJaret is an Idiot when he says "Look for potash companies capable of capitalizing on Brazil's massive agriculture industry. "The country is dependent on foreign suppliers for 89% of its potash consumption. Any company that can successfully develop a potash project in Brazil is likely to benefit from significant freight advantages."
How about potash companies that can capitalize on China (pop. 1.3 BILLION) and India (pop. 1.2 BILLION) rather than little old Brazil (pop. 190 million). I don't think freight is that big a deal when comparing 2.5 billion mouths to feed rather than 190 million
"that's just my opinion, I could be wrong" --- Dennis Miller