RE:RE:RE:care to read the newsompong12 wrote: Alpha101 wrote: ompong12 wrote: https://www.bnn.ca/it-s-not-just-oil-canada-s-potash-industry-going-through-own-bust-1.546742
long way to go.....but i keep hoping.
Interesting article.....it appears that the days of $900 a ton potash may never return....that means whoever is leaner, meaner and negotiates the best deal will survive and others will suffer. That's what competition is all about. The big bloated companies are crying because they no longer have total control of the potash industry so the can't continue to rape buyers. It's a tough life!
I believe we'll be one of the survivors. Faith and patience!
the problem is we dont even yet produce a single ton of potash....we dont have a plant yet...everything is all plans & papers. investor/lender will also look on the economic forecast of potash industry...making sure that we can pay them for the loans. really a tough time for all of us.
Gee, that all sounds terrible.....no potash, no plant.....nothing but paper....poor prospects for potash industry.....difficult borrowing conditions.....can't figure out why any of us are here!
Based on your assessment it looks like we're going to be waiting another 20 years or so. LOL!
I'm amazed that management continues to develop this project....what with incorporating the trading company, the new experimental mining project, moving to complete the FS, re-vitalizing the board with new people....can't those idiots realize it's all wasted effort because we're doomed?
I think maybe I'll sell all my Encanto shares and buy some OTC:GTSGM......Goober's Tailor Shop and Gold Mine because they deliver a press release every day about nothing.
Happy, happy, happy! Just kidding about selling! This is just starting to get good!