RE:RE:what a stock jokeTwo directors that held token amounts of shares (roughly 100,000 each) sold their positions last fall shortly after the November news release that stated that the fertilizer selling season was over. The only major seller was the chairman of the board, Peter Marrone, who sold 2.7 million shares last fall but that was after adding 2.9 million shares in the April financing. He still holds over 8 million shares. It appears he deployed some of the cash into shares of his own company Yamana Gold with which he is the founder and CEO after it hit a low in the fall. Insiders continue to hold over 23 million shares of the company. Although some find the delay in a deal announcement troubling, it is quite likely the opposite, encouraging. We know all the major multinational fertilizer producers (e.g. Yara, Mosaic, Agrium, etc.) recognize Brazil as having the greatest growth outlook for fertilizer demand as it has the most amount of land available for agricultural expansion and has a long way to go terms of improving present crop yields through additional fertilizer use. Its no wonder that the majority of M&A announcements in the fertilizer sector have been in Brazil. Neither is this company too small for the majors as MBAC's next project, Santana, will also be designed to produce another 500,000 tpa SSP. So, if Deutsche Bank is doing their job well - and they are among the best in the field - we will likely have multiple bidders for MBAC. And this takes time as each interested party will have to fly to Toronto to look at the books and then to Brazil to look at the properties and the winning bidder may do the process twice before finalizing. Regarding getting in when news is announced - don't count on it. The market will immediately be able to evaluate the deal - whether it is $0.30, $0.50 or even $1.00 and you will not likely be able to enter outside of 15% - 20% of the deal value when trading opens. Greg