RE: RE: RE: RE: RE: Conventional vs Solution Min Notretiringyoungonwpx- if carnalyte is a waste product why did a large Indian fertilizer company spend hundreds of thousands if not a million dollars doing due dilligence on the whole project and then sign a 20 yr contract worth $5 billion . Does that seem strange to you? It probably does because you are used to companies spending lots of money doing due dilligence on wpx for up to a year and then walking away without signing a 20 yr offtake agreement worth $5 billion.
now I admit the volume is low on krn, but it is even lower on wpx on a dollar for dollar basis. So people in glass houses should not throw stones.
wpx had a total dollar value trade today of $35,000 and krn traded $135,000 at just under 17,000 shares traded(not counting alpha etc). So on a dollar basis there is more money interested in krn than wpx
now I know that you don't understand these plain facts but I will illustrate it for you.
imagine that you had 2 stores on the same street and in one day one store sold $35,000 of merchandise and the other had sold $135,000 worth of merchandise. Which store had the more money flowing through it?
The dollar value matters. If wpx announced tomorrow that it signed an off-take for 2 million pounds of potash with HOME DEPOT'S gardening division opposed to 2 million tons with a mJor foriegn entity, would you be happy? Would you proudly declare we sold way more units than krn's measily 600,000 TON agreement with the major Indian fertilizer company?