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Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Post by 15Stanmoreon Dec 16, 2020 1:29pm
410 Views
Post# 32119877

Post presentation trading

Post presentation tradingIt looks like he short term interest that was generated by the December 15 "technology presentation" was not enough to impress these opportunistic "investors" (traders) and they are quickly dumping any positions they took. Sellers today are primarily through Desjardins and Credential brokers, with buyers spread among all the usual names representing existing (and already committed) shareholders picking up small pieces to presumably add to their existing positions.

For many existing shareholders buying below $1 per share is still averaging down their existing Adjusted Cost Base, with an expectation we will see in the coming months and years a return to Verde's All Time High ("ATH") of $9.25 last seen back in September 2007.

I am happy to hang in with the former Amazon Mining investors to patiently watch the recovery and growth of this next generation iteration, hope you will stay aboard for the ride ahead.
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