RE: RE: RE: RE: To sell or not to sellI can see I am not dealing with a sane person here....
first off, why should I sell KCL? I never said they weren't a good investment, I simply defended my shares of API to you mis-leading potential investors with your suppositions. I for one would rather have a PFS that is done but having other options explored? Clearly if the PFS for a normal 2MTY had green lights why not explore a 3MTY or 4MTY mine?
Here are a couple of quotes from Terry Walbaum COO of API.
"Walbaum indicated that one of the primary motivating factors for considering a larger mine was that emerging market players are seeking projects that have large production capacity."
"A larger mine at Burr, while raising overall mine-build costs, is likely to reduce capital expenditure costs per tonne of annual production and allow projected costs per tonne to compare more favorably with other proposed potash expansions in the resource-rich province.
Moreover, lower capital expenditure costs per tonne and higher output are likely to make Burr more attractive to potential partners from emerging economies like India and China, which are keen to secure long-term potash supplies."
As an actual shareholder I am ecstatic to hear that the API executive are exploring a larger production mine site if it makes my shares more valuable.
You are still sitting on the fence trying to decide which to buy, my gosh sammy these are juniors and its all about speculation. If you had bought, like some of us, when these two plays were cheap you would be laughing like me! But now you are waiting, and while you wait you are not making money on API or KCL and both have performed admirably, especially API which you could have bought for under a dollar a year ago.
You're not looking that smart from where I am sitting, PFS or no PFS....