TSXV:AAA.P - Post by User
Comment by
CLLISNOGOODon Apr 02, 2009 12:00pm
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Post# 15891418
RE: Thanks C...
RE: Thanks C...Yes. I believe it has the biggest near-term gains % of all the Junior Potash players. As stated in their Corporate presentation from March, they are currently in talks with "major mining companies". At the same time, the rumours of BHP bilton wanting to acquire Potash companies won't go away.
https://www.bloomberg.com/apps/news?pid=20601081&sid=aHvqqZTF8Wpk&refer=australia
Count Vale as a possibility too. In feb this year, they paid $850 million for the Potasia Rio Colorado potash deposit in South America. Also, Africa is still an area they wish to target (source article:
Africa still in Brazilian mining major Vale’s sights https://www.miningweekly.com/article/brazil-still-in-brazilian-mining-major-vales-sights-2009-03-13).
Excerpt from above article: "AFRICA
The company is, in Barbosa’s words, “permanently evaluating nickel, copper, iron-ore” and other projects, while “fertilisers, [potash and phosphates], are a very important area for us”."