TSXV:AAA.P - Post by User
Comment by
jbbigboyon Dec 18, 2010 12:14pm
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Post# 17866059
RE: RE: RE: NEWS !!!!!
RE: RE: RE: NEWS !!!!!Last I heard...potash prices were set to increase to around $700 in the spring......
Also, Canadian investors shy away from AAA for a few reasons ...the one big one is simply infrastructure.
Everyone here is sold on this mine just popping up magically in 2013......this play will certainly prove a sound resource but as of now, I see it as a take out target.
Watched an interview with South Boulder's boss.......the 2nd question the interviewer asked was about infrastructure....simply how will you get this resource out of the country....there is a railway to come BUT until its built , the targets of $1 are bang on....last big target raise was ....5 cents ....to $ 1.10 .......hmmm ...wonder why....???
Some here tend to forget that this 'mine' will be in the middle of nowhere ......hottest place on earth.....