RE: RE: RE: RE: Very interesting information Very hard to find a junior that becomes a producer with no debt.... RVD being cash flow ready to supply all its own needs after 3rd quarter 2012 is a huge plus for any junior.
They have 5 more phosphate properties that will benefit RVD for years...
This is not like any of the other junior potash plays I know about....
as with no cash flow after a period of time they all must further dilute and are at the mercy of the market....
RVD will likely never dilute and with 22% held by insiders....
what more could you want in the junior potash space... One thought on supply and demand....
when rvd says they are "Aligned with Brazilian Government’s policy to develop domestic supply"
this is a huge positive. In Saskatchewan where I live.... I doubt very much if the fed or prov govt will do anything to fast track further supply as it is not needed domestically. Also shipping costs of 150 - 200.00 a tonne is very prohibitive.... for many importers. Another plus for RVD..... since brazil imports 90% of its Potash and 49% of its phosphate needs....
You are always better invested in a junior that has/will have cash flow....
this leaves the rest of the potash juniors lacking terribly.
IMO
GL Steel