TSXV:AAA.P - Post by User
Comment by
Karmanowon Aug 17, 2012 2:14am
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Post# 20228019
RE: good luck here cuz yer gonna need it
RE: good luck here cuz yer gonna need it And if your wrong will you agree to refrain from posting your crystal ball futuristic thoughts? All potash juniors are down...major deleleraging has been going on for months in lieu of the European and American fragility...period! And for the record geterdone...its not about over supply of potash...its about COST of developing new greenfield mines...most projects on the books will not go forward now or for the foreseeable future...the numbers just do not work...do some due diligence before you preach about Allana...she is not a one trick pony...she is going to build the next 1m ton MOP solution mine...and then move onto building the next SOP solution mine...one of the rarest and needed potash's in the world...Ehiopia is building 9 new sugar can factories in the next 3 years...why? and they plan to produce 2.3m tons of sugar...which will require half a million tons of potash...then add in China's declared need for increased need for soybeans and soymeal for pig and chicken feed...the interesting part is they will need additional new land "the size of Germany" planted each and every year in soybeans to keep up with domestic demand within 5 years from now....then their is the Indian land leasors and the Saudi land leasors in Ethiopia....then today, Richard points out the Africa is going to need 1m tons of potash next year and over 4m tons of potash within 5 years...Allana may not even have to ship overseas with that kind of domestic demand...think its just a dream? do some due diligence and find out...Ethiopia will be the new Brazil within 5 years time...Sugar cane is called a potash "sponge" and Ehiopia plans on exports and ethanol production ...just like Brazil...."the pig is done"...heck no...the "pig" is the key to our growth...especially them Chinese pigs that the new China can not get enough of...do you know how much grain it takes to grow a pound of chinese pork? find out and then ask where all that new grain is going to come from....ever wonder why China is investing BILLIONS into Ethiopian Infrastructures: rails, roads, dams and land leases....hmmmm P.S. 1m tons of SOP will be 15% of Global Production...fact...a sector of potash that is very tight and limited ability to expand quickly to market demand....pay attention geterdone and get some due diligence done and come back and lets talk...