GREY:ETPHF - Post by User
Comment by
Thresholdon Nov 04, 2011 10:54am
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Post# 19209293
RE: Yeeehaw
RE: YeeehawI own some AAA but your approach here is toxic imo. I've kept a few freebies from the big AAA move from Nov 2010 to Feb 2011, but I see no reason to write off FED.
In fact if you are a good trader, you'll be poised to buy FED once drill cores are announced. Based on historical drilling, they are likely to be higher grade than AAA, closer to surface and thicker intercepts. ie: much lower cost to mine.
I've never understood the approach of the core AAA chearleading group on Silicon Investor and Investorshub.
If you give an honest opinion of AAA that is not super bullish at all times, the message board administrators either remove your post or ban you. I find that a tad insecure.
The global potash customers, the large ones, are looking for supply outside the Canpotex and Russian cartels. They are willing and able to invest in junior fertilizer companies that show promising deposits. There are very few potash basins on the planet. Ethiopia has a massive one. It's a large sheet of potash covering hundreds of square kilometers. There's room for more than one player there, and FED could be many times as large as AAA.
Potash is not deposited like the metals. It is deposited in large unform layers, so it's not hard to see (from previous drilling in Ethiopia) that FED has very likely got higher grade potash deposited closer to the surface and of higher grade than AAA.
The biggest challenge for FED, imo, is to manage the stock while they hit with the drill.
Easiest way for them to do that is to put out assay news into a live market as I have posted previously.
I gave this same advice to AAA management in Jan of this year and they decided to give it a try. It worked and the stock launched. Prior to this the broker designation Anonymous had been pounding the stock down despite great drill results.
Simply put........... if you release good news into a live market, you give the brokers and other stock gamers no time to have a nice chat before the stock opens and plan a strategy to cap the stock on the news momentum and then pound it back down.
When you halt a stock for good news, it gaps up once it starts trading again. Gaps create a weak spot on a chart, AND no one smart chases a gap up on a Venture stock. SO... you put out good news on a halt or outside market hours and you provide an opportunity to manipulators.
There are very few quality fertilizer juniors trading on our markets, so the competition for shares is huge as all smart investors know that fertilizer is in a long term bull market that will not end until our global population stops growing or stops eating.
Take advantage of the low prices for fert juniors now. It's not going to last imo.
I own 3 fert stocks at the moment, NPK, FED and AAA, and have about 15 juniors on my watchlist.