RE: priceTheres no way Canda that stupid to sell all there resourses for any cost First off Canada China arent the best of friends,and it dont make sense any can figure out why are they buying this stuff Well maybe so they can control everthing not good Need to change thinking Goverment wow
----------Original Message Posted 8/30/2010 4:54:16 PM----------
It's probably due to the likelihood of increased investor interests in funding the capital cost to potash projects, if BHP acquires POT.
The Chinese will not sit quietly as BHP goggles up POT. So they may start to invest in KCL's or WPX multibillion dollar projects. KCL is the more likely choice to get Chinese funding, but once she's gone, WPX will be the next target.
But @ .55 WPX seems relatively cheap.