BMO Capital Market Analyst Bullish on Potash According to a BMO Capital Market Analyst, the potash market has reached its bottom and is expected to experience increased demand, as indicated by growing volume and market interest. Source: https://www.bnnbloomberg.ca/video/cheaper-potash-deal-signals-bottom-is-in-analyst-actions~2702873
Sage Potash Corp (Ticker SGPTF TSX.V: SAGE) aims to capitalize on this trend and emerge as a leading potash supplier in the United States.
Sage holds control over the vast Sage Plain Potash Project, spanning an impressive 88,000 acres, which is believed to house one of the largest untapped potash deposits in the country. A technical report on the project suggests a substantial combined resource of 279.5 million metric tonnes of Sylvinite Potash across its upper and lower potash beds.
Located strategically in Utah's Paradox Basin, Sage Plain benefits from its proximity to a rich and abundant potash resource within the basin, estimated to be an astonishing 2 billion tons. This highlights the remarkable potential of the Sage Plain project.
In preparation for future development, the company is gearing up for a Phase 1 Drill Hole Program to gather crucial data. Additionally, a Preliminary Economic Assessment (PEA) will be conducted to evaluate the project's economic viability and potential.
For more info on these plans click here: https://sagepotash.com/sage-potash-corp-partners-with-leading-global-engineering-firm-respec-llc-to-advance-sage-plains-potash-project-in-southern-utah/ Posted on behalf of Sage Potash Corp.