OTCPK:PTAUF - Post by User
Post by
canneon Dec 08, 2015 4:21pm
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Post# 24366538
pretty low stock price
pretty low stock priceIf POT's stock is any indication of the state of the farming industry, one can assume that farming is getting squeezed pretty hard. If any of you go shopping you will notice that prices of nearly everything have been going up. Last time I went to buy a T-bone, I nearly had to be rushed to hospital as I read the price of $38 / kilo or $17 bucks for a single large steak, this in contrast to the price of a 20 lb propane tank which can be refilled for $20 and the fact that farmer can't afford to buy potash. I hope we are near a bottom on potash prices, it is hard to believe that POT has not been this low since 2007 and it is probably the most solid Potash producer in the world. When this baby turns, it is going to make investors at this level lots of money...