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Bullboard - Stock Discussion Forum Sage Potash Corp SGPTF


Primary Symbol: V.SAGE

Sage Potash Corp. is a Canada-based mineral exploration company. The Company is focused on locating and developing economic mineral properties. The Company holds a mineral lease located in the State of Utah which comprise the Property. Its property includes Sage Plain Potash Property, which is located approximately 56 miles south of the Cane Creek mine and in the heart of the Paradox Basin. The... see more

TSXV:SAGE - Post Discussion

Sage Potash Corp > The US imports 95% of its Potash requirements from Canada
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Post by MarketMakerss on Apr 04, 2023 5:32pm

The US imports 95% of its Potash requirements from Canada

Food security is a global concern and the capabilities of potash as a fertilizer makes it a critical mineral in the support of agricultural production. Fertilizers are crucial to enhance crop yield and quality, however, the volatility of the past 18 months has impacted both production rates and prices of fertilizer ingredients. 

 

Notably, the demand for fertilizer in the US is currently outpacing domestic supply, especially given the US imports 95% of its Potash requirements from Canada and record low Mississippi River level disrupting fertilizer deliveries to the US Corn Belt.

 

To combat this while taking advantage of this significant market opportunity, Sage Potash (SAGE.v) is exploring a large-scale, high-grade potash resource within the Paradox Basin of Southeast Utah which is known to host large, high-quality potash resources.

 

SAGE is additionally pioneering a new scalable, environmentally friendly and cost-effective method of potash production in the US which could ensure a short path to initial production

 

With a land portfolio consisting of almost 90,000 acres of mineral leases and an inferred resource of 279.5 MMT high grade potash, SAGE is strongly positioned to satisfy a significant portion of US potash demands.

 

For more information, check out these resources:

Introduction Video https://youtu.be/5Mo6Jl2t_dw

SAGE Investor Deck: https://sagepotash.com/wp-content/uploads/2023/03/Sage-Potash-Corp-Investor-Presentation-Mar-29-2023-Web.pdf

SAGE Website: https://sagepotash.com/

 

Posted on behalf of Sage Potash Corp.

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