Canadian-listed Potash Ridge, (PRK), Had an IPO on 12/5/12. The Company raised $20 million which funds them for the next 9-10 months.
107 million fully-diluted shares, zero debt. Canadian giant Sprout and smaller seed capital provider Pinetree are key backers of Potash Ridge.
At-Near-Surface potash resources in mining friendly state of Utah
Resources are on State lands, not Federal lands
SOP potash play, not MOP. Potash Ridge is the best emerging SOP play in the U.S. Better than EPM Minerals and IC Potash.
Potash Ridge will be in production in 2016 and has 2 by-products it can sell along with its SOP potash. These 2 by-products could be a very substantial part of the overall story and make Potash Ridge unique in this regard.