Port Of Tauranga Ord Shs T.POT

Who listens to these guys?

[Fivefive5]

I don't own POT directly on it's own, of course in one of my funds, but am wondering who listens to these guys? I mean, I'm just a poor small town boy in Saskatchewan, never spent a lot of time in the big city but enough time going round and round on iron to understand some of the workings of the agriculture sector. For those of you that maybe understand some of the U.S.'s agricultural process, who believes that there will be a quick and massive movement from corn to soya? Who understands that many ethanol plants have long-term contracts with producers to grow and supply corn no matter what the price? Who also believes that it is the U.S. and the U.S. only that has been purchasing fertiziler over the past few years, and who will increase demand over the next few? This is simple- people who have never left the boudaries of their city limits other than to go to their summer house or to a hot vacation in Mexico, who believe that their steak and lean ground comes from behind the counter at the super market, who open their margarine or loaf of bread and have no idea how or where it was produced or manufactured, and who think that farmers sit down one day, and at a blink of an eye decide, 'I'm gonna stop all production of corn and just plant beans' with no understanding of crop rotation or diversification are making these production projections. Look at all of your equities.  If you hold any form of commodity or commodity-based equity in your portfolio compare it's SP or price with the price of every other equity or commodity- everything has the same price-graph, straight down over the past few months, not related to demand or supply, but simply to mass liquidation and panic. And to set a price estimate at what, 4 times future earnings, cheap cheap cheap. Big buying opportunity. You add liquidity back into markets and guess what, you still gotta feed those nice chinese and indian folk and all their cute little yummy piggies and prices sky rocket on fundamentals once again. That is my rant of the day.