GREY:PCCLF - Post by User
Comment by
spruce_gooseon Jan 10, 2010 2:23pm
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Post# 16661128
RE: RE: Advice please
RE: RE: Advice pleaseFirst off... this is not a potash (KCl) play. It is a Phosphate (PO4 3-) play which is one of the three essential micronutrients in plants (N, P & K). From what I understand this is one of the largest forms of these deposits found in recent years. I am not sure if it is an apatite deposit or if it is another form of phosphate deposit. I know it will be an expensive venture to mine but that is a long way down the road. There are some big names backing this company (Sprott being one) and I know that they engaged IMG to process some of their niobium waste (still worth a tonne of $$ but not what they are after) associated with this deposit. I am in and my boner is hard for this company.
Regards,
Mike.