re re: strong buy rating I think buying any stock of a company at this stage of development is a white-knuckle ride. In this environment (investment uncertainty and current state of potash in general) I don’t think it is realistic to expect a big jump until the next wave or real financing develops, which means to me that I don’t expect much change even with a great Feasibility Study or ES. It may be after next March, when all the ducks are lined up and Yara or other lays down the next major financing, that the worth of this company begins to be realized. What I look for now are the fundamentals and each phase coming up positive. I don’t expect the value of this stock to be fully realized for several years.
Also, a reverse-split is neither good or bad. The company has the money to complete all phases of the preliminaries so that’s not an issue, and such an action in any case would have to be voted on by the shareholders. A lot would have to take place before that happened and could even be advantageous. Also, most the other junior potash companies are trading in this same general range so I think this price point (at this time) is not unusual. What in particular do you think is “terribly wrong”?