What could go wrong?In my view not much could go wrong to derail this company from achieving their goal of building a SOP mine. I think a market crash or a financial market meltdown would definitely put a stop to this project. Otherwise all the market dynamics are well aligned for a succesful mine construction. Feasibility study is done and show very favorable return on investment, secondly SOP is not affected by over capacity created by the 80% of potash miners that produce MOP. SOP (potash sulfate) is definitely not in a mine capacity over supply situation therefore price remains stable. The demand for SOP far exceed current and future mining capacity specially in the USA. Also this mine will be using evaporation method which is far cheaper than the higher cost chemical conversion method used by the big miners therefore putting a floor to the price of SOP therefore creating higher margin for this mine. Now I cannot remember exactly where i read it in the feasability study but there is also Lithium or something like it that will be produced as a by product of the process which makes this mine even more profitable. All this information is available from the company's website, so please have your due dilligence in place before making an investment. Another plus has been EMR's investment in supporting Crystal Peak's endeavors. So I am very grateful to have an investment firm like EMR on board. I want that known before all the bashers and penny traders come on this board and start working and bash every move that this little company will make in order to squeeze a couple pennies. So this is my two bits of information to sum up what I believe to be a great investment in the next three years.
Regards,
Fearlessggg