RE: RE: RE: RE: RE: RE: RE: RE: Not Thrilled Over last time I looked,the capital costs are 700 million.This seems "cheap" compared to the billions required for other potash projects.You mentioned at least 20 other potash juniors.....hhow many have a patnership/off-take with Yara? Do you think Yara could fund a new SOP mine?Do you think Yara would benefit from having a SOP producing mine and distribution facilities in the America's / worldwide and would they have difficulty selling at a handesome profit the SOP( not MOP) potash?Now do you seriously think that ICP will end up opening and operating the mine?Think abouti it and connect the dots.....
Also,using your own experience of selling the stock,do you think other small investors sold because of all the reports of "over supply" and difficulty in obtaining funding? Guess who's been buying?Like I said,I havent seen any large institutional selling.Who makes more money in the stock market....your average small investor....or large investment institutions?I've only seen selling on small volumes.....likely by your average small time investor.
If I were a large scale farmer,with no control over weather,and my crop was devastated by drought severly hitting my profits....I would want my next crop to yield as much profit as i could possibly obtain.I have control over whether or not to apply as much potash as possible to obtain the highest yield.Why wouldnt you?
My opinion