Thoughts
in response to
by
posted on
May 10, 2010 10:35AM
There is alot of validity to this board from both sides of opinion. The against the burton crowd, well having valid issues from their point of view, haven't considered, or defenitly haven't talked about the good. In March/09 i started buying this stock for .20 cents. We where a tsx-v customer at the time, with huge volume's on a regular basis. The Burton's got us graduated to the TSX, or the big board. Volume's are lower, but we are on the idex that is required for this type of play. They installed 25ish brine wells for production. Installed 1/2 the gas line for production. Completed the infustucture for a base camp for workers. Had gaseline agreements signed, made inroads with the ROC gov't, raised money, Sin-Hydro negotioations etc.The stock as of the morning sits at .40, and the leverage for risk is higher.
The article's on potash are not helping our selling price, very correct, but they are coiling are spring even tighter. All this means nothing if financing doesn't go through, correct, but the reason we own share's is because we think the financing will go threw, is it not. It would be insanity to hold share's right now with the conception that this is a dead deal. So therefore, some of us are little scared right now and there is no time for emotions right now, it leads to bad judgement.
I am tring to step back right now and look at this play for what it is. And that i still beleive to be the best junior potash play out there, with the highest leverage for upside success. All in one mans opinion.
CHIP OFF THE OLD BLOCK!!!!!!!!!!!!!!!!!!!!!!