TSXV:AAA.P - Post by User
Post by
ANBCAon Sep 02, 2012 9:26am
301 Views
Post# 20305136
BHP & Vale Sask. news a boost for AAA
BHP & Vale Sask. news a boost for AAA Are these companies acknowledging a changing landscape in the Potash Industry. Are they postponing these projects knowing that Allana and others are going to take some of the prize money! Certainly the world isn't going to quit eating. Perhaps the Canpotex stranglehold on Postash pricing is about to face some pressure. Will the players break ranks or will they stick together. Obviously there is doubt amongst them moving forward. Another issue could be the capital costs in Canada have simply ruined the opportunity for new investment. When you look at wages etc. it's very possible Canada is now considered uncompetitive.
This to me is a vote of confidence for Allana. Slowly this project is coming to fruition. Perhaps this news out of India is related to Allana maybe not. Regardless there is only so much production and only so much pie to cut. Allana will get its share.
Good luck everyone!
A