TSXV:EPO.H - Post by User
Post by
leakeybillon Feb 26, 2011 3:30pm
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Post# 18199488
No more share for sale for cheap
No more share for sale for cheapI think that people got to realize that this part of the world is unique for potash, with potash price at potentially 600-700 dollars a ton, it is equalivant to finding a gold deposit with 20 grams of gold per ton. That would be another Brex would it not? almost to ubelievable.
Feasibiility is a waste of time here, and BHP bought only on a resource basis, that is exactly the right thing to do.
The company getting the water permit i do agree has some value, drinking YWRWwater is a scarce resource in SASK..
However If i ran the company if would fire all these engineer and dreamers and pretenders and simply sell the resource to the highest bidder. They are all going to do their own engineering anyway as well as their own feasiliby.
Put the resource up for sale and quit pissing around and don't piss any more of the share holders money away.
Only spend money if you can increase the resource.
Right Ryan
IMHO