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Belgravia Hartford Capital Inc C.BLGV

Alternate Symbol(s):  BLGVF

Belgravia Hartford Capital Inc. is a Canada-based investment holding company focused on growing its assets and holdings and increasing its net asset value (NAV). It invests in a portfolio of private and public companies. It takes a multi-sector investment approach, with emphasis on the resources and commodities sectors. The Company's investments are considered high-risk holdings, and it may expose shareholders to significant volatility and losses. It operates in three core business divisions: incubation, investments, and royalty & management services. The incubation division helps develop new companies in specific sectors. The Investments division, Belgravia Holdings, provides merchant banking services and invests in a portfolio of private and public companies with a focus on resources, technology, and healthcare. The Royalty and Management Services division has developed a targeted royalty and fee income model and provides services to support the development of early-stage companies.


CSE:BLGV - Post by User

Post by tiger6667on Apr 11, 2011 2:17am
505 Views
Post# 18412103

ICP

ICP
iC Potash (TSXV:ICP)

All Potash is not created equal. The most common form, called Muriate of Potash, or MOP, accounts for about 95% of all potash fertilizers used worldwide.
Toronto’s IC Potash, however, is concerned with the more rare and expensive Sulphate of Potash, or SOP. SOP is slightly lower in potassium and is used in crops such as tobacco or pineapples, which are more inclined to fertilizer burn. SOP, which is sometimes referred to as “premium” potash, is aptly named because it trades at a premium; the price is normally 20-30% higher than regular potash.
With their Ochoa project in New Mexico, a land position that covers more than 100,000 acres, IC Potash is focused on becoming the world’s lowest cost producer of SOP. IC believes they are sitting on a resource of over a billion tonnes that is, as the company describes, “an average of 5.7 feet thick, and has an 83% grade, a remarkable grade for any resource.”
Shares of IC Potash raced from $.85 cents on December 20th of last year to over $1.70 as the potential of the Ochoa project became verified. The biggest one day leap happened January 5th after an updated preliminary economic assessment by Gustavson Associates of Lakewood, Colorado estimated the net present value of the Ochoa project at $1.4-billion. On March 17th, the company completed a $20 million financing at $1.60 per share. Going forward, IC Potash said their capital cost estimates to develop their mine are $662-million, and projected production cost of SOP will be $164 per tonne.
Investors bullish on IC Potash believe these profit margins will continue to positively affect the company's share price. Compass Minerals, through its wholly owned subsidiary Great Salt Lake Minerals, is the leading producer of sulphate of potash in North America. In March, that company reported it was selling SOP for roughly $900 per short tonne, up $50 from the company’s December 2010 price.
In closing, Pinetree Capital has bought into IC Potash.




Equity analyst are paying attention to rising prices, but some perceive a shortage of potash juniors in a sector where properties are scarce and mines can take years to develop. Robert Winslow, an analyst with Wellington West, said IC Potash is “set to benefit from a resurgence in demand.” Because, prices for “premium” potash are still trending up and the acquisition of junior Potash One made remaining Potash juniors more valuable compelling him to “...re-rate all the junior potash stocks we cover with a positive bias.” Winslow recently raised his price target to $2.40 and “sees potential for the stock to trade above $8 by 2015.”
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