TSXV:AAA.P - Post by User
Comment by
Resilienceon Sep 21, 2009 10:38am
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Post# 16323825
AAA vs MAA - Excellent
AAA vs MAA - ExcellentExactly my point.
I bet you can make more money out of AAA short term but it's a loooong way towards production.
If you fundamentally believe potash, MAA isn't such a bad bet. It's the only potash mine to come online anytime soon and funded by Chinese. Why? Because 50% of production and 75% of reserves is in Sask. and the Ural. Chinese don't like that. They've got a couple of people run around to feed you know..
And what about that, AAA's partner is Chinese as well. Government. Do you think that's short term? it's not, LT thinking on the part of the Chinese. Look at the presentation. Production DECISION is end 2010.
Make your money while you can. Unless you plan to sit on it for the next 3-5 years.
Cheers,
R.