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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 jocotocoon Feb 25, 2011 6:56am
350 Views
Post# 18192462

RE: RE: RE: Tomorrow----Gap Up

RE: RE: RE: Tomorrow----Gap UpNice try on the comparison Mc Stock..A little off.. it was 2 years ago this month...Nova had 210 million notes due and the banks were frozen, C2 prices collapsed.. so they had few choices. The stock was 1.61 on the close that Fri....Mon went to 6.10. Buyout was 6.40 Can. Stock would be back at 35.00 today if they had survived. Here's whats different and makes a poor comparion to  OPC..They had a debt to equity ratio that was 33% of OPC.  Opti is drowning in debt and you lovers refuse to see it ..although the market does judging  the stock price. One good comparison.. The OPC reserves like Nova's 5 billion in plants has little value if you can't make money to pay your debt's.    
Jocotoco   
Bullboard Posts