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Organic Potash Corp C.OPC

Alternate Symbol(s):  OPCGF

Organic Potash Corporation is a Canada-based company, which is engaged in the development of production of potassium carbonate produced from agricultural waste, namely cocoa husks in West Africa. The Company produces food grade potassium carbonate from organic waste materials using patented production technology. It has its production facility in Takoradi-Sekondi, Ghana and Ivory Coast. The Company's potassium carbonate is used in multiple industries, including food, manufacturing (potassium carbonate is found in numerous consumer and industrial products), and pharmaceuticals. The Company’s subsidiary is GC Purchasing Ltd.


CSE:OPC - Post by User

Bullboard Posts
Comment by stocknupon Aug 11, 2010 8:01am
474 Views
Post# 17340344

RE: RE: Chapter 11 filing

RE: RE: Chapter 11 filingAttorney30,

You and many other posters have made excellent and valid points regarding OPTI's ability to one day be profitable, BUT having gone thru the OILEXCO debacle, I see too many similiarities between these two companies.

Management was too optimistic in their assumptions and too agressive in their borrowing. Debt KILLED OILEXCO and is now doing the same to OPTI.

I am a shareholder (currently underwater) and would love to see this profitable, but deep down I can't see it.

You should go back and read some of your old posts. You talked about $2.00 shares being a steal and a easy double in a years time, then it was 1.80, then 1.60 and now 1.40. I also noticed your price forcast has also been slipping. You sound married to this stock.

GLTA
Bullboard Posts