Spur Ventures Inc SPVEF

China needs all they can Spur can Produce

[Snozola]

This article tells us that Chinese needs all of SVU's NPK production and more. The price is likely to go up. China's Nutrient Consumption Potential Outlook China Needs More of All Fertilizers China is the world’s largest fertilizer consumer. Rice, the staple crop for over 1 billion Chinese, is triple-cropped in the southeast while in the north and center, corn and wheat are major crops. According to revised estimates by the Potash & Phosphate Institute of Canada (PPIC) — which include newly calculated figures for the P2O5 and K2O nutrient content in compounds — China consumed 24.7 million tonnes N, 11.3 million tonnes P2O5 and 5.4 million tonnes K2O in 2000. With higher N consumption and balanced fertilization, China’s K2O consumption is expected to increase by 2.5 million tonnes to 7.9 million tonnes K2O. That’s an increase of 46 percent! China’s NPK ratio is expected to be about 1:0.41:0.25 in 2010. This was taken from a Potash Corp research paper. Are they watching the activity of SVU????? I would assume they are!!!