RE:RE:RE:RE:RE:Re:Up now to $333 per tonne
Perhaps the potash corp numbers of $250 per ton may have been skewed unfairly to the downside due to the fact that the new contract sales took effect much later in the quarter and more so in the second quarter. If we really are at $333per ton now or $366 CDN. This would imply that prices have actually gone up at least $80 per ton since the last quarter. This is a substantial rise off the bottom in a short time. We actually only need another $27 per ton increase this quarter, only a third of the gain realized last quarter to be a GO! Essentially if the price of potash goes up another $25 per ton, this stock should be back to at least $6. Just my opinion. Good luck to all.