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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 Georgealphabetaon Mar 01, 2011 1:35pm
341 Views
Post# 18213181

RE: RE: Capitulation

RE: RE: CapitulationHehehehehe, so the debt on the property is around 50 % of the replacement value (consider that as investors  50% downpayment) and the income from the sale of the oil  (consider that as a rental income) covers principal, interest and taxes,...oooops there is no tax bill, just huge tax credit. The cash  flow on the property is neutral ( according to the latest statement field breakeven was achieved). Well, suddenly the downpayment dwindles from $3bln to $50mln over past 3 or 4 years (which is how efficient markets value today OPTI). Well, Jocotoco, I love your way of thinking. Very smart thinking, hehehehehe. By the way do you think that the banks would want to become proud owners of any, no matter how attractive or profitable property if you would miss some payments on your real estate? Really you would have to be a real loser not to be able to renegotiate the terms of your mortgage. Hmhmhmhm then again, do you think that Nexen would sell their 65% of Long Lake for doubled  OPTI capitalisation and doubled debt? I doubt it.
Bullboard Posts