Re: Emotions and Money --don't mix
in response to
by
posted on
Oct 03, 2014 10:43AM
Focusing on the Dallol Potash Project in Ethiopia
I agree B10, the converse of that is ---- anybody on this board BB (or any other board BB) who spreads "fear and doubt" is trying to scare present sharholders so that they can buy their shares. This is a basic form of stealing from others who happen to be naturally more emotional and less resolute about their decision(s) to buy and hold these AAA shares or others.
The only thing that matters is that --AAA has 3 billion tons of MOP and SOP in shallow ground----that they can produce at $130.00 pt and sell at $350.00 pt or more ---thereby making a gross profit of $220.00 pt. Multiply $220.00 x 3 billion -- if you can -- to get a picture of their gross profit. Nothing else matters but this question--Can AAA make a profit with the ore that have in the ground. -- the answer is a yes. Therefore you buy and hold no matter what silliness happens in between discovery and production.
Let's put it this way--even if AAA did not get financing, some other company would buy and produce that ore in the ground at some point because of the profit available here. People eat three times a day and fertilizer produces more food.