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Bullboard - Stock Discussion Forum Rio Verde Minerals Development Corp T.RVD

TSX:RVD - Post Discussion

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Post by IQ on Feb 08, 2012 1:48am

Great Results

This was just more detail  to their previous announcement. Should get results of the Potassium amount by the end of the month. Should see another pop then as they have 67 metres thick as they said "much more than they originaly anticipated". The next drill hole results probably won't be ready for at least 3 months. Only takes 7-10 holes to confirm mineral resource.
Comment by IQ on Feb 08, 2012 1:56am
Carnallite is mostly used in fertilizers. It is an important source of potash.[13] Only Sylvite outranks Carnallite’s importance in potash.[11] They are difficult to form since sylvite and carnallite are some of the last evaporites to form.[13] Soluble potassium salts are the main sources for fertilizer.
Comment by thedave2006 on Feb 08, 2012 6:56pm
markets warming up to this one.  to further positive developments from their project.   cheers, dave.
Comment by IQ on Feb 09, 2012 9:15pm
I agree, the word is getting out on the huge potential of this, considering that 250 holes have been drilled already by the oil companies. This hole confirmed the oil companies info and validates it. Meaning that it is pretty well known the huge potential is there we are just drilling to confirm it. Not much guessing here. So we are sitting on huge fertilizer project and could be worth $5-6 easily ...more  
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