Value Microcaps Food, Agriculture and Soft Commodities

[Bobwins]

Mining companies, timber companies, energy companies......

I buy, they miss deadlines....

What's wrong with this picture????

I had a small position in NKL.v so I figured it wasn't big enough to hold and sold last week. This week it tripled..

Sigh....

[cartonet]

yeah, pricesely...

good luck with it

[Mike2112]

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64293782

[cartonet]

Prima Colombia delays Colombia start-up operations

2011-07-14 16:15 ET - News Release

Mr. Donald Hayes reports

PRIMA COLOMBIA HARDWOOD INC. ANNOUNCES DELAY IN START UP OF OPERATIONS

Prima Colombia Hardwood Inc.'s start-up of its operations, which was previously scheduled for the third quarter, has been delayed as a result of delays in obtaining cutting permits from the Ministry of Environment in Colombia.

Until May 18, 2011, the company had been working with the regional government of Choco in the ordinary course of business to obtain cutting permits, including successfully obtaining its first cutting permit for Mecana 1. On May 18, 2011, the Ministry of Environment took over jurisdiction from the regional government of Choco. Subsequently, Prima and the Ministry of Environment have had several meetings and established a working team to process the company's permit applications. Prima was recently informed that the Ministry of Environment had revoked the Mecana 1 permit. The revocation is under appeal. While Prima and the Ministry of Environment continue to work constructively together, Prima is unable to determine with any certainty the expected issuance date of the cutting permits required for the start-up of its operations.

The company and its Colombian advisers fully expect that the permits will be issued but are uncertain as to the exact timing. Cutting permits of this nature are routinely issued in Colombia. However, until such time as the permits are issued, the company has decided to scale back the start-up of its operations. The company will provide temporary layoffs to some staff and is delaying delivery of some equipment and supplies.

"The change in jurisdiction from Choco to the Ministry of Environment has occurred at an inopportune time, just as we are in the final stages of start-up. Had the change occurred six months ago, it would not likely have delayed our start-up," says Donald P. Hayes, chief executive officer. "While the timber agreement with the community of Los Delfines remains in full force and effect, we cannot harvest without cutting permits issued for exact locations within the licence area."

Given the uncertainty of timing in respect of the issuance of the permits and start-up of operations, the company has also delayed the completion of the financing announced on May 27, 2011. The company plans to reduce its monthly cash requirements in an orderly fashion to approximately $600,000 per month in order to preserve the timber opportunity until the permits are obtained. The company has received indications from key shareholders to bridge its cash requirements during this time period and will continue to discuss financing options with third parties.

We seek Safe Harbor.

[cartonet]

what is that ? A China stock?

[Mike2112]

SGGV now at .235 looking ready to go..ask is paper thin with a low float to boot and production is at hand!

[eom7]

Yep... I have a decent position.

I am hearing production by the end of summer.

[SPARK]

Nice one~

[Bobwins]

Allana spiked in January/February of this year, tripling over those two months. Sice then it's been flat to down. Last week and this week there have been violent selloffs at the open and then a recovery. Maybe investors are getting restless. If they bought in after the spike, they are underwater.

Could be an early investor of size that's getting out? Don't know. Fundamentals appear to be improving, as Allana drills out the property and increases the resource. The overall grade dropped this last report but that was because Allana included lower grade ore that wasn't included in the earlier reports.

Railway still moving forward with Indian support.

This project still appears to be a lower cost mine with good access to India and the rest of Asia. Fertilizer is going to become very important as food supplies worldwide become an issue.

Bobwins

[stock_peeker]

AAA.v/ALLRF.pk: Uh Oh! Hey, all you potash kingpins, what's the problem with Allana today? Seems like I remember the potash preachers saying this thing had oughta bee way over $2 by now.

I guess the truth is AAA.v chart is looking a lot like FED.v chart:

http://finance.yahoo.com/echarts?s=FED.V+Interactive#chart9:symbol=fed.v;range=6m;compare=aaa.v;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

[JUST 10-11-12]

going to attempt to buy shares at present price, however,
there is a slight gap...

rather get my fill than not...can always add more if it dips
again.

PCP.V

Keith

[Bobwins]

pcp.v +.02 to C$.13 1 million volume

PCP.v looks like it's ready to launch.

365million shares FD

Current market cap C$47.45million so relatively low with bankable feasibility due by 12/11.

Stock has taken off since bottoming at .08 on 6/28/11.

[woje]

Have any of you looked at SGGV? It seems to be really under the radar so far. I'm just wondering what any of you think about that stock?

[Bobwins]

pcp.v C$.105 no US symbol yet.

Plains Creek Phosphate is relatively undiscovered. stock has been in a nose dive for many months. Today, they may have found a bottom. Huge volume at .08 and finally after 5 million shares were bought, the seller disappeared. Stock popped up towards the close.

Good board here on Ihub, which is how I found it.

http://investorshub.advfn.com/boards/board.aspx?board_id=21398

Ibox there has all the reference material you need.

Bankable feasibility study due by 12/11.

This could be the next Allana.

[Bobwins]

aaa.v/allrf.pk -.12 to C$1.42

big volume this morning in Allana. Big seller sent the price to 1.26 before it paused and headed back up. I nibbled at 1.36. Same seller must have been responsible for yesterday's selloff. Hopefully seller is done and we can move back towards C$2.

Bobwins

[SPARK]

You're catching on~

[river_run]

NPK adds limestone to their suite of fertilizer deposits. first potash then phosphate and now high grade limestone.

Brazil imports over 90% of their potash and has more arable land to develop and better water tables than anywhere else on the planet.

about 35M shares out fully diluted. more upside in this Ag stock than any other imo. the family that started Bunge is invested in this play.

2011-06-22 11:52 ET - News Release
Shares issued 32,289,928
NPK Close 2011-06-21 C$ 5.46


Mr. Cristiano Veloso reports

MAJOR HIGH GRADE LIMESTONE DISCOVERY CONFIRMED BY DRILLING

Verde Potash has discovered a major high-grade limestone unit located approximately 100 kilometres from the Cerrado Verde potash project in Minas Gerais State, Brazil. A total of 20 reverse circulation (RC) drill holes for 1,888 metres have been completed (approximately 200 to 570 metre spacing over 8km2). Drilling has targeted the calcitic limestone unit and has returned an average grade of 53.0% CaO and 1.8% SiO2 over an average thickness of 36.4 metres.

The production of ThermoPotash requires significant quantities of limestone as one of its raw materials. The limestone must have CaO content higher than 50% with associated SiO2 lower than 2% ("High Quality"). Therefore, the development of the Calcario Project is a strategic component of Verde's fertilizer production strategy. The Company plans to delineate a NI 43-101 resource and complete a Preliminary Economic Assessment on developing the project during the third quarter of 2011.

Commenting, President and CEO Cristiano Veloso noted: "The high quality of our limestone makes this ancillary project a major achievement for Verde and its shareholders. After almost two years of experience producing ThermoPotash, we have learned how important limestone composition is to the quality of our fertilizer. Having control over such a vital piece of our supply chain will ensure that we consistently deliver a high quality product. This asset also de-risks ThermoPotash by decoupling it from Brazil's limestone market, where limestone's record high consumption is still rapidly increasing because of agricultural demand and cement production. In sum, the development of this asset will help us secure a key raw material and control operating costs."

The limestone mineralization is associated with low metamorphic grade siltstones of the Neoproterozoic Bambui Group. The local geology is represented by a package of limestones of varying composition. The targeted rock for the resource is a thick and continuous bed of very fine grained black limestone. It is characterized by a very low SiO2 content (less than 2%) and high CaO values (52% to 56%). The black limestone is located between lower quality limestones. The lower quality limestone may have economic potential for agricultural soil correction.

The samples were sent to the SGS Laboratory located in Belo Horizonte, where they were analysed under a comprehensive quality control program which includes analysing field duplicates and blanks.

RC ANALYTICAL RESULTS

The drilling has returned an average grade of 53.0% CaO and 1.8% SiO2 over an average thickness of 36.4 metres. Drilling covers an area of approximately 8 km2. Significant intercepts are summarized in the table below. (Cut off of 40% CaO used with up to 2 metres of internal dilution allowed)



----------------------------------------------------------------------------
Hole Thickness (m) Interval (m) CaO (%) MgO (%) SiO2(%)
----------------------------------------------------------------------------
CV-RM-02 50 80 - 130 53.8 - 1.9
----------------------------------------------------------------------------
CV-RM-03 14 72 - 86 32.4 - 1.5
----------------------------------------------------------------------------
CV-RM-05 16 44 - 60 55.0 - 1.4
----------------------------------------------------------------------------
CV-RM-05 20 74 - 94 54.4 - 2.5
----------------------------------------------------------------------------
CV-RM-07 4 34 - 38 54.7 - 1.8
----------------------------------------------------------------------------
CV-RM-07 8 44 - 52 53.2 - 2.7
----------------------------------------------------------------------------
CV-RM-09 48 20 - 68 54.0 - 1.9
----------------------------------------------------------------------------
CV-RM-10 64 12 - 76 54.2 - 1.6
----------------------------------------------------------------------------
CV-RM-11 62 22 - 84 54.3 - 1.3
----------------------------------------------------------------------------
CV-RM-12 18 28 - 46 54.3 - 1.6
----------------------------------------------------------------------------
CV-RM-13 60 52 - 112 54.0 - 1.7
----------------------------------------------------------------------------
CV-RM-14 50 24 - 74 54.6 - 1.4
----------------------------------------------------------------------------
CV-RM-15 62 48 - 110 54.7 - 1.5
----------------------------------------------------------------------------
CV-RM-16 64 74 - 138 54.4 - 1.6
----------------------------------------------------------------------------
CV-RM-17 42 44 - 86 54.8 - 1.1
----------------------------------------------------------------------------
CV-RM-18 56 38 - 94 54.9 - 1.3
----------------------------------------------------------------------------
CV-RM-19 40 16 - 56 52.7 - 1.5
----------------------------------------------------------------------------
CV-RM-20 10 40 - 50 54.4 - 1.3
----------------------------------------------------------------------------
CV-RM-21 10 32 - 42 51.5 - 4.4
----------------------------------------------------------------------------
CV-RM-22 12 38 - 50 53.3 - 2.2
----------------------------------------------------------------------------
CV-RM-23 54 26 - 80 54.4 - 1.6
----------------------------------------------------------------------------



A dolomitic limestone was intersected in two RC holes, it returned an average grade of 40.0% CaO, 11.3% MgO and 4.4% SiO2. The average thickness is 12 metres.


----------------------------------------------------------------------------
Hole Thickness (m) Interval (m) CaO (%) MgO (%) SiO2(%)
----------------------------------------------------------------------------
CV-RM-18 16 16 - 32 38.9 12.8 4.4
----------------------------------------------------------------------------
CV-RM-19 8 14 - 22 41.1 9.8 4.5
----------------------------------------------------------------------------



Competent Person

The technical content of this news release has been prepared by Mr. Beau Nicholls, MAIG, Consulting Geologist, who is a Qualified Person as defined by Canadian National Instrument 43-101.

About Verde Potash

Verde Potash is a fertilizer exploration and development company; it was founded and is led by Brazilians. Verde is developing the Cerrado Verde project in Brazil, a source of potash-rich rock from which the company plans to produce a slow-release, non-chloride, multi-nutrient, fertilizer product named ThermoPotash. Founded as Amazon Mining in 2005, the Company changed its name to Verde Potash in April 2011 to better reflect its core business. Verde is also exploring for phosphate and limestone.

We seek Safe Harbor.

[Max Power]

i know you gloating over it for two days tells me all i need to know about you...

[cartonet]

Down she goes again, -7% , about only red on my watch lists... think market is telling you something ?

[Max Power]

You wanted then to include recovery data? Data that will be determined by the bfs? Lol sounds like something fed would do....along with promising 5 million tonnes per year before getting one drill result! They are nothing but coat taling hypsters at this point... If aaa.v has no where to go at this point then fed is overvalued big time and will remain so for years while they play catch up with aaa.v....by the time fed gets where allana is today allana will be in production! Where would you rather be? Answer is aaa.v

[cartonet]

Unfortunately AAA forgot to include recovery percentage data on the release so a big cloud on what might be ultimately recoverable. Initial exploration phase now done for AAA, I dont think it will move significantly higher until it reaches feasibility study.

http://www.flickr.com/photos/7348364@N07/473742113/ (AAA is heading to point 5 on the chart)

On the other hand FED.v/ETPHF is now starting exploration phase with historical data pointing to higher grade and shallower depths and about one third of AAA´s market cap. So FED will be coming strong out of the gate number 1 on the chart


where would you rather be today ?

[cartonet]

Bob, do you know any publicly traded similar operations to compare to PCT?

[Bobwins]

Prima Colombia Hardwood, PCT.v/pctzf.pk C$.17

This is a high risk, high reward startup. Prima plans to harvest and export Colombian hardwood logs to Asia. They are led by a third generation Canadian timber family and supported by some big names in Canadian investing. The projections are for hundreds of millions of dollars worth of revenue and high profits.

Here is their presentation:
http://www.primahardwood.com/investors/uploads/2011%2005%2031%20-%20Investor%20Presentation.pdf

They plan to use sustainable helicopter logging to specifically target certain species of wood for customers. They already have 2.4 million in "trial orders" from customers. They plan to begin operations in August 2011.

First full year of operations call for 1 helicopter unit producing 180,000M3 of timber generating 58 to 64million in gross revs and 9 to 14million in ebidta. Subsequent years assume adding helicopter units to increase production by ~180,000M3 per year.

This is an obvious play on Asian demand for high end furniture grade timber. But the main reason I like this startup is the pedigree of the mgmt.


"Prima Colombia is being run by the Hayes Group (“Hayes”) team
including Donald Hayes, Prima CEO, and Harold Hayes, Prima
COO
• Hayes brings access to intellectual and human capital including
filling many critical management roles with Hayes veterans
• Hayes has been part of the forest industry in British Columbia
since 1922 when Douglas Hayes developed the first purpose
built logg g gging trucks
• Hayes grew to be the leading private forest & helicopter
services provider in British Columbia with production
experience experience inin excess excess ofof 22 0.0 million million M3 s M3’s per per year year
• Hayes was recognized as being one of “Canada’s 50 Best
Managed Companies” (2004 – 2007)"

In addition to quality, experienced mgmt, this company has backing from some of the most successful Canadian investors. Ian Telfer is on the board. Telfer took Wheaton River from nothing to ownership of Goldcorp in several years. The shell was formed by Frank Guistra of Endeavor Financial. The mgmt and board of this company spell big money going after an opportunity.

Lots of shares outstanding. FD 363million shares for a current market cap of ~62 million but if they get close to first year totals, that will be low and subsequent year increases would lead to an exponential increase in stock price.

The company has already obtained 10 million in credit, demonstrating the credibility of the venture.

Stock has been cratering for many months but I think we are near a bottom as production is about to begin this summer.

The risks are many. They need Chinese demand to continue. They need their Colombian operations to proceed smoothly to successful production. They need competent mgmt on the ground in Colombia to startup and expand operations. They need good contacts to generate significant timber sales in Asia.

Startup is close so the time risk is fairly short. We should find out before year end if this venture has demand and can deliver initial orders.

I think this is a high risk multi-bagger. Bobwins

[Max Power]

I guess 1.2 billion tonnes wasn't enough? And only on 40% of property..

[stock_peeker]

SOIL etf did better than AAA.v (Allana) today. Really surprising to see Allana slammed on announcement of updated proven potaxh reserves.

[eom7]

ETPHF/FED - 1.07 x 1.10 playing proxy while ALLRF is halted

[stock_peeker]

AAA.v/ALLRF.pk halted this morning pending news ??????

[specoolator]

"crazy cheep" vs really cheap

http://stockreads.com/Stock-Newsletter.aspx?id=46795

[Max Power]

SGGV already has mining permit and all business licenses to begin production, they have already received the approval from the government that others haven't...familiarize yourself with that.

[specoolator]

What's so "crazy cheep" about it?!

Familliarize yourself with SVU.TO Spur Ventures, Canadian Junior Comp holding a mining licence to develop the largest Phosphate deposit in China...ongoing saga of Chinese beurocracy ,red tape and greed!!!

I've dumped my shares about 10 years ago with no regreds!!!

[eom7]

Crazy cheep here imo. We are all buying this at .15 w/ almost nothing in place????

[Max Power]

Yes, from last PR
"The Company has also applied for the amendment of the Hongyu's business license to reflect the new Joint Venture structure, and anticipates its approval by local authorities shortly before putting the Hongyu phosphate deposit into production."

from Kafen

[eom7]

SGGV .22 - Sterling Receives Business License to Operate China Phosphate Project

Jun 15, 2011 8:10:00 AM
Close Ad

Email story | Discuss on ZenoBank | View more ads
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 15, 2011) - Sterling Group Ventures, Inc. (OTCQB:SGGV)(FRANKFURT:GD7) (the "Company") is pleased to advise that it has received an amended Business License from the Huaihua City Administration Bureau for Industry and Commerce. The License has a term ending June 13, 2031 and allows Chenxi County Hongyu Mining Co. Ltd ("Hongyu"), a company being acquired by Silver Castle Investments Ltd., the Company's Hong Kong-based subsidiary, to operate Hongyu's mining permit under foreign ownership regulations. The License further acknowledges the acquisition of a 90% ownership interest in Hongyu by Silver Castle Investments Ltd.

Hongyu is awaiting a new tax account number, organization code and foreign exchange account and is currently preparing plans to put its phosphate deposit into production. Sterling is currently reviewing other potential phosphate acquisitions.

ON BEHALF OF THE BOARD OF DIRECTORS

Raoul Tsakok, Chairman & CEO

For further information, please check the Company's SEC filings.

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Cautionary Note to U. S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding resources and reserves have been based on audits conducted under Chinese methods of calculation.

FOR FURTHER INFORMATION PLEASE CONTACT:
Sterling Group Ventures, Inc.
Raoul Tsakok
Chairman
[phone]
Fax: [phone](FAX)

Sterling Group Ventures, Inc.
Richard Shao, PhD
President
[phone]
Fax: [phone](FAX)

Sterling Group Ventures, Inc.
Robert Smiley, JD
Director
[phone]
Fax: [phone](FAX)
[e-mail]
www.sterlinggroupventures.com

Source: Sterling Group Ventures Inc.

----------------------------------------------
Sterling Group Ventures
Inc.
Raoul Tsakok
Chairman
[phone]
Fax: [phone](FAX)

Sterling Group Ventures
Inc.
Richard Shao
PhD
President
[phone]
Fax: [phone](FAX)

Sterling Group Ventures
Inc.
Robert Smiley
JD
Director
[phone]
Fax: [phone](FAX)
[e-mail]
www.sterlinggroupventures.com

[cartonet]

FED back to 1 buck

[cartonet]

I´ve been buying warrants today. They havent looked this cheap in a while. 19c in the money and selling at just 37c with 15 months of time.

[eom7]

ETPHF/FED -Ethiopian Potash Corp up on a down day!

[cartonet]

FED finally to start drilling.

Looking goddamn cheap seeing how AAA has fared in this correction ( barely scratched)

TORONTO, ONTARIO--(Marketwire - June 8, 2011) - Ethiopian Potash Corp. (the "Company" or "EPC") (TSX VENTURE:FED)(TSX VENTURE:FED.WT) is pleased to announce that a 50 person field camp has now been completed and two drills are turning on the Company's Danakil concession as EPC begins its 15,000 meter drilling program, slated to confirm the existing resources in the south-west corner of the Company's property, and then proceed to test the potash resource potential in the Colluli area on the east side of the property.


In both areas, EPC will focus on its previously established shallow mineralization targeting potash horizons potentially amenable to open-pit mining scenarios.


Mr. Wahl, President and CEO stated "I am very excited that drilling has commenced, and we anticipate making good time in our development program and assay turnaround, with the help of personnel all of whom have previous drilling experience in the Danakil basin."


"Results of this initial program will confirm management's enthusiasm about the ability to move EPC's licenses quickly through resource development and economic evaluation milestones."


The objective of this initial drill program is to confirm, expand, and upgrade the 43-101 inferred resource of 128 mil tonnes grading 21% outlined by ERCOSPLAN. The drill program is designed to increase the inferred resources and upgrade the resources in the core area to indicated and measured resources. This will provide the basis for a new 43-101 resource estimation and economic studies commencing in early Q4 of this year.


Now that drilling has started the Company expects to be in a position to issue regular updates to its shareholders on the status of the on-going drilling. As the assays are received the results will be compiled for release. Given the current backlog being experienced by the assay labs, results are not expected until late July or early August. The Company is currently looking at ways to speed up the assay turn-around time.


On the Company website investors will shortly find recent pictures from the site, as well as the initial proposed drill hole location maps on the first work to be completed.


Mr. Wahl is the Qualified Person as defined by NI 43-101 and is responsible for the content of this release. In preparing this release Mr. Wahl was assisted by Mr. Bruce Cumming, COO of the Company and the person responsible for the project. This release has also been reviewed and approved by the Company's Independent Consultants ERCOSPLAN of Erfurt, Germany, the world's foremost authority on the Danakil Depression.


About Ethiopian Potash Corp.


Ethiopian Potash Corp. (TSX VENTURE:FED)(TSX VENTURE:FED.WT) is a Canadian company based in Toronto, Ontario, and Addis Ababa, Ethiopia. Ethiopian Potash controls 481 sq km of shallow mineralisation potash development concessions in the fairway of the Danakil Depression, Ethiopia. The Company has an existing 128 mil tonne resource at 21% potash and is intent on aggressively fast-tracking its properties to production.


David Wahl, President and CEO

[Max Power]

Allana Potash Intersects Strong Potash Mineralization in Basin Centre With 37.8% KCl Over 4.10 Metres and Provides Update on NI 43-101 Report

- Hole 12 Intersects Strong Potash Mineralization of 37.80% KCl Over 4.10 Metres Within 15.20 Metres of 26.17% KCl

- Results from Hole 12 Indicate Continuity of Potash Mineralization Into Centre of Basin

- Management Intends to Include Hole 12 Data in the Company's Upcoming NI 43-101 Technical Report Due in Mid-June

TORONTO, ONTARIO--(Marketwire - June 6, 2011) - Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or the "Company") is pleased to announce that it has intersected strong potash mineralization in the central portion of the evaporite basin and at relatively shallow depths. Hole DK-11-12 ("Hole 12") intersected 15.2 metres of 26.17% KCl including 37.84% KCl over 4.10 metres. The presence of strong potash in the central part of the property suggests strong continuity of the potash horizon and the deposit remains open to the east which management believes increases the resource potential in this direction. This work is part of the upcoming update to Allana's National Instrument 43-101 ("NI 43-101") technical report.

Farhad Abasov, President and CEO, commented: "We are very pleased with the strong potash mineralization intersected in Hole 12. This hole is important as it provides a strategic link between the historic Musley Deposit and the centre part of the evaporite basin intersected in Hole 4. We believe that the presence of strong potash mineralization in Hole 12 further indicates continuity of the potash horizon into the centre of our property and supports our geological model of potash mineralization throughout the southern portion of the basin. Management intends to incorporate Hole 12 data in the Company's upcoming NI 43-101 technical report. Our consultants are in the process of finalizing the NI 43-101 technical report and we expect to be able to release the resource numbers in 7-10 days."

Drill Hole 12 has intersected robust potash mineralization up to 26.17% KCl over 15.20 metres from 344.00 metres to 359.20 metres depth comprised primarily of sylvinite and carnallite. Included in this section is a high grade interval of 37.84% KCl over 4.10 metres of mostly sylvite which correlates to the Sylvinite Zone. The remainder of the intersection contains carnallite and is part of the upper part of the Intermediate Zone. The Kainitite Zone was intersected deeper in the hole and analytical results are still being processed by SRC.

Hole 12 was collared approximately 1500 metres east of Hole 8 and was drilled vertically (see attached figure). Hole 12 intersected the Sylvinite, Intermediate and Kainitite zones of potash mineralization as defined by the Parsons drilling in the 1950s and 1960s. The main Sylvinite Zone returned 4.10 metres grading 37.84% KCl starting at a depth of 349.00 metres within a zone of potash mineralization 15.20 metres thick with contains significant carnallite which preliminary interpretations indicate is the upper part of the Intermediate Zone. The Kainitite Zone was intersected in Hole 12 and analytical results for this zone are expected this week.

Hole 12 occupies a significant location in the evaporite basin and essentially links or indicates good continuity between the Musley Deposit and deeper parts of the basin first intersected in Hole 4. The mineralized area in this region is now at least 4 kilometres long by 5 kilometres wide and has the potential to add significantly to the property resource. This area was not drilled previously and was not included in the original resource estimate completed in 2008. Samples are currently being selected for XRD analysis to determine mineralogy. True widths of the potash zones are estimated to be very similar to drilled widths due to the flat-lying nature of the potash horizons. The zones of potash mineralization are outlined in the following table:
HOLE ID FROM (m) TO (m) WIDTH (m)* KCL (%) ZONE

DK-11-12 344.00 359.20 15.20 26.17 Sylvinite/Int.
Including 349.00 353.10 4.10 37.84 Sylvinite

*Drilled width

Exploration drilling is continuing in the far eastern part of the property at Holes 22 and 23 to test for potash mineralization in this unexplored region of the property. Remaining samples from Holes 11, 12, 14, 18, 19 and 20 are undergoing analysis or are en route to the laboratory in Saskatoon, Canada.

Allana is also pleased to report that Ercosplan has made significant progress with the upcoming NI 43-101 report and resource estimate update. Meetings with Ercosplan last week indicate that the report with resource figures should be completed by mid-June at which time they will be released.

[Max Power]

Sorry you sold too soon. Don't want fed...they are so far behind ..

[cartonet]

Yes I know. Way beyond the point of the discussion. Bobwins bought AAA at 19 cents. I´m sick of all that AAA fanatism. Go buy some FED instead. LOL

[Bobwins]

I like the symbol, SOIL.

My two potash plays, aaa.v and fed.v are pretty volatile. This ETF might be more stable because it would have the big profitable fertilizer names like potash, agrium,etc.

[Max Power]

Allana Potash (AAA.V/ALLRF) is included in that ETF (SOIL)...only Junior Potash play in that ETF of 29 companies...

[Traderfan]

I still don't get why there is no copper ETF out there yet. They have ETF's for gold, silver, cotton and all this stuff but not for copper. Makes no sense.

[cartonet]

ddi you see the new potash/ferts ETF ?

http://www.businessinsider.com/global-x-debuts-fertilizer-etf-soil-2011-5

[Bobwins]

bought a few options on an ETF for cotton Tuesday and today.

BAL is the ETF. Bought the $85 calls maturing 7/16/11 for an average of 8.41. Cotton sold off with the rest of commodities in late April but has been rallying a bit since.

Droughts in China and Texas threaten crop yields that could send prices higher.

Bobwins

[Max Power]

Allana Potash Corp.‘s Dallol potash project in Ethiopia got a major boost this week after India committed US$300-million towards an Ethiopia-Djibouti railway line expansion, a move that may be part of the rapidly growing country’s strategy in negotiations with Canadian potash suppliers.
Richard Kelertas, analyst with Dundee Capital Markets, said in a note the railway, expected to be complete in five years, will give Allana access to the port at Djibouti for export of its future potash production.
“Allana will be able to use the transportation network to rail its potash from Addis Ababa, the capital of Ethiopia,” he said.
The Ethiopian government has also committed to building road infrastructure leading to the Dallol property.
Of course, this news comes as India and potash producers continue to negotiate a new potash supply contract, after failing to come to terms at the International Fertilizer Association’s annual conference in Montreal this week.
Indian negotiators led by U.S. Awasthi, managing director of the Indian Farmers Fertilizer Cooperative Ltd., demand a discount on current spot prices and claim Indian farmers can skip a year of potash applications if need be.
Meanwhile major potash players such as Potash Corp. of Saskatchewan are wary of giving India too much of a break as other countries will likely demand similar treatment.
“We view these comments as more of a scare tactic than anything else and believe a deal between the producers and India will be tabled within the next couple of months,” Mr. Kelertas said.
Of note is that Mr. Awasthi highlighted Ethiopia specifically as a greenfield site for future production.
“In our view, India definitely has no loyalty to Canpotex whatsoever and could seek to secure potash supply independent of the big marketing conglomerates,” he said.
India needs more than 7 million tonnes of potash, but many of these projects other than Ethiopia are a long way off from production, he said.
Mr. Kelertas maintains a buy rating with price target of $2.50
http://business.financialpost.com/2011/05/27/allana-potash-gets-a-boost-as-india-invests-in-ethiopian-railway/

[Max Power]

Allana Potash Included in First Fertilizer/Potash ETF


TORONTO, ONTARIO--(Marketwire - May 26, 2011) - Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or the "Company") is pleased to announce that it has been selected as a constituent investment holding in the newly launched Global X Fertilizers/Potash ETF (NYSE:SOIL) ("SOIL"). SOIL offers targeted exposure to fertilizer producers around the world, giving investors access to a critical agricultural and commodity sector.

Farhad Abasov, President and CEO, commented: "We are very pleased that Allana Potash has been included in the SOIL ETF. Being selected by Global X Funds in this important international investment product is another validation of our positioning as an emerging player in the global potash industry."

The Global X Fertilizers/Potash ETF tracks the Solactive Global Fertilizers/Potash Index, which is designed to track the performance of the largest and most liquid listed companies globally that are active in some aspect of the fertilizer/potash industry. "As the population in emerging economies continues to increase their food consumption and purchasing power, these nations have to increase farming yields," said CEO of Global X Funds, Bruno del Ama. "We are starting to see how these fertilizer and potash companies stand to benefit from this demand."

About Allana Potash Corp.

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia with Inferred Mineral Resources of 73.9 million tonnes of kainitite mineralization grading 61.7 % kainite and 31.3 million tonnes of sylvinite resource grading 25.4 % sylvite (combined 105,200,000 tonnes with a composite grade of 20.8 % KCl (see News Release dated Sept. 17, 2008). IFC, a World Bank Group member, and Liberty Metals and Mining Holdings, LLC, a subsidiary of Liberty Mutual Group and the Company's largest shareholder, are both significant strategic partners who have invested in Allana's potash project in Ethiopia. Allana has approximately 189.5 million shares outstanding and trades on the TSX-Venture Exchange under the symbol "AAA".

About Global X Funds

Global X Funds is a New York-based provider of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $1.8 billion in managed assets as of April 29, 2011, it is one of the fastest growing ETF providers in the world. Global X Funds currently offers exchange-traded funds that target Commodity Producers, Developed Markets, Emerging Markets, and Special Opportunities fund suites. For more information, please visit www.globalxfunds.com.

Forward-Looking Statement

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the impact of the inclusion and selection in SOIL on the Company, the estimation of mineral reserves and mineral resources; the timing and amount of estimated future exploration; costs of exploration; capital expenditures; success of exploration activities; permitting time lines and permitting, ; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; and title disputes or claims; Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

[eom7]

SGGV .255 - Sterling Receives Approval to Acquire China Phosphate Company

May 24, 2011 8:10:00 AM
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 24, 2011) - Sterling Group Ventures, Inc. (OTCQB:SGGV)(FRANKFURT:GD7) (the "Company") is pleased to advise that it has received a Certificate of Approval from the provincial government of Hunan Province. The approval certificate has a term of 30 years and allows for the mining, processing and sale of phosphate ore and products under its mining permit. It also approves the investment by Silver Castle, Sterling's Hong Kong subsidiary, in the operating Chinese company, Chenxi County Hongyu Mining Co. Ltd ("Hongyu"). As a result of this transaction, Silver Castle will control 90% of the shares of Hongyu.

The Company has also applied for the amendment of the Hongyu's business license to reflect the new Joint Venture structure, and anticipates its approval by local authorities shortly before putting the Hongyu phosphate deposit into production.

The Company is currently reviewing other potential phosphate project acquisitions.

ON BEHALF OF THE BOARD OF DIRECTORS

Raoul Tsakok, Chairman & CEO

For further information, please check the Company's SEC filings.

Any forward-looking statement in this press release is made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors, product prices and changes in international and local markets, as well as the inherent risks of the mining related business. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Cautionary Note to U. S. Investors Concerning Estimates of Measure, Indicated, and Inferred Resources and Reserves. Statements regarding resources and reserves have been based on audits conducted under Chinese methods of calculation which the SEC guidelines strictly prohibit in its filings.

FOR FURTHER INFORMATION PLEASE CONTACT:
Sterling Group Ventures, Inc.
Raoul Tsakok, Chairman
[phone]
Fax: [phone](FAX)

Sterling Group Ventures, Inc.
Richard Shao, PhD, President
[phone]
Fax: [phone](FAX)

Sterling Group Ventures, Inc.
Robert Smiley, JD, Director
[phone]
Fax: [phone](FAX)
[e-mail]
www.sterlinggroupventures.com

Source: Sterling Group Ventures Inc.

----------------------------------------------
Sterling Group Ventures
Inc.
Raoul Tsakok
Chairman
[phone]
Fax: [phone](FAX)

Sterling Group Ventures
Inc.
Richard Shao
PhD
President
[phone]
Fax: [phone](FAX)

Sterling Group Ventures
Inc.
Robert Smiley
JD
Director
[phone]
Fax: [phone](FAX)
[e-mail]
www.sterlinggroupventures.com

[Max Power]

Allana Potash Intersects Highest Grade Potash to Date With 52.40 % KCl Over 0.80 Metres

- Hole 15 Intersects Strong Potash Mineralization of 52.40% KCl Over 0.80 Metres


- Highest Grade Sylvinite and Kainitite Intersected at Dallol Project to Date


- Management Intends to Include Hole 15 Data in the Company's Upcoming NI 43-101 Technical Report



TORONTO, ONTARIO--(Marketwire - May 19, 2011) -Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or the "Company") is pleased to announce that it has further extended the potential of its Dallol deposit with the completion of additional drilling and assay activity in areas beyond those included in the original resource estimate completed in 2008. This work is part of the upcoming update to Allana's National Instrument 43-101 ("NI 43-101") technical report.

Drill hole DK-11-15 ("Hole 15") has intersected significant potash mineralization up to 52.40% KCl over 0.80 metres. Hole 15 intersected two strong zones of potash mineralization which appear to correlate with the Sylvinite Zone and Kainitite Zone. The Sylvinite Zone returned 2.70 metres of sylvinite which graded 39.38 % KCl and includes a 1.70 metre interval that returned 49.13% KCl and a further sylvite-rich zone that returned 0.80 metres of 52.40% KCl. Further down the hole, 6.80 metres of kainitite was intersected which returned 25.87% KCl.

Farhad Abasov, President and CEO, commented: "We are very pleased with the additional strong potash mineralization intersected in Hole 15. This area continues to return high potash grades and significant thicknesses. Each drill hole in this area yields higher grades and the 52.40% KCl over 0.80 metres is the highest grade intersected to date on the property. In addition to the impressive sylvinite zone, Hole 15 also intersected strong kainitite returning 25.87% KCl over 6.80 metres and this is also the highest grade kainite encountered to date on the property and bodes well for our studies on producing SOP, a premium potash product, from kainite. Management intends to incorporate Hole 15 data in the Company's upcoming NI 43-101 technical report."

Hole 15 was collared approximately 1000 metres northeast from Hole 13 and was drilled vertically (see attached figure). Hole 15 intersected the Sylvinite and Kainitite zones of potash mineralization as defined by the Parsons drilling in the 1950s and 1960s. The Sylvinite Zone returned 2.70 metres grading 39.38% KCl starting at a depth of 254.40 metres. A high grade core of 0.80 metres of predominantly sylvite returned 52.40% KCl and occurs within the larger Sylvinite Zone. A robust Kainitite Zone was intersected at a depth of 366.50 metres and returned 6.80 metres grading 25.87% KCl.

Recent drilling in this area, including holes 9, 10, and 13, confirm the extension of the Musley Deposit approximately 1200 metres east of previous work and the historic resource estimate. The mineralized area in this region is now approximately 6 kilometres long by 2 kilometres wide and has the potential to add significantly to the property resource. This area was not drilled previously and was not included in the original resource estimate completed in 2008. Samples are currently being selected for XRD analysis to determine mineralogy. True widths of the potash zones are estimated to be very similar to drilled widths due to the flat-lying nature of the potash horizons. The zones of potash mineralization are outlined in the following table:

HOLE ID FROM (m) TO (m) WIDTH (m)* KCL (%) ZONE

DK-11-15 254.40 257.10 2.70 39.38 Sylvinite
Including 255.40 257.10 1.70 49.13 Sylvinite
Including 255.40 256.20 0.80 52.40 Sylvinite

366.50 373.30 6.80 25.87 Kainitite

*Drilled width

Exploration drilling is continuing in the far eastern part of the property at Holes DK-11-21 and DK-11-22 to test for potash mineralization in this unexplored region of the property. Samples from DK-11-12, 14, 18, 19 and 20 are undergoing analysis or are en route to the laboratory in Saskatoon, Canada.

About Allana Potash Corp.

Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally with its major focus on a previously explored potash property in Ethiopia with Inferred Mineral Resources of 73.9 million tonnes of kainitite mineralization grading 61.7 % kainite and 31.3 million tonnes of sylvinite resource grading 25.4 % sylvite (combined 105,200,000 tonnes with a composite grade of 20.8 % KCl (see News Release dated Sept. 17, 2008). Allana has approximately 189.5 million shares outstanding and trades on the TSX-Venture Exchange under the symbol "AAA".

Quality Control and Quality Assurance

Allana employees follow standard operating and quality assurance procedures intended to ensure that all sampling techniques and sample results meet international reporting standards. Procedures for handling core samples begin with securing the potash-bearing HQ-NQ-sized core at the drill site in plastic poly-tubing which is then thermally sealed. Core is placed in plastic core boxes and transported to Allana's camp for geological logging, geotechnical logging and photographing. Significant intervals are dry cut in half using a specially modified tungsten carbide bladed band-saw. Half core samples are then double bagged and thermally sealed prior to transporting to Addis Ababa by Allana personnel. In this initial phase, halite blanks are randomly inserted into the sample stream at a rate of 1 in 20 and sent for analysis with the core samples. The remaining core is re-sealed in plastic poly-tubing and the core boxes secured at Allana's exploration camp. Upon arrival in Addis Ababa core samples are stored at Allana's small warehouse facility and then taken to the Ethiopian Ministry of Mines & Energy where permission is obtained to export the samples. The bagged samples are then carefully packed into boxes and shipped via DHL to the Saskatchewan Research Council in Saskatoon. This sampling procedure was initiated by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH, Allana's potash consulting firm, supervised by Allana's Ethiopian based Project Manager Jason Wilkinson, M.Sc., and periodically reviewed by Allana's Senior Vice President of Exploration, Peter J. MacLean, Ph.D., P. Geo.

Allana is utilizing SRC's Potash ICP Analysis package designed for multi-element analysis of potash samples. Upon arrival at SRC Geoanalytical Laboratories, core samples are jaw crushed to 60 % @ -2mm and 100 g sub sample is split out using a riffler and transferred to vials. The subsample is pulverized to 90 % @ -106 microns using a puck and ring grinding mill to create a pulp. The grinding mills are cleaned between groups using Quintus quartz. The pulp is then transferred to a labelled plastic snap top vial. An aliquot of pulp is placed in a test-tube with 15 ml of 30°C DI water. The sample is shaken. The soluble solution is then analyzed by ICP-OES. The method is suitable for the soluble analysis of commercial potash (Sylvite). The soluble solution is then analysed by ICP-MS. In addition, samples are analysed for FeO (wt%), Br and Cl by MS, plus insolubles. SRC Geoanalytical Laboratories has been certified by the Standards Council of Canada (SCC) to conform to the requirements of ISO/IEC 17025:2005 (CAN-P-4E).

Peter J. MacLean, Ph.D., P. Geo., Allana's Senior VP Exploration, is a Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information presented in this release.

Forward-Looking Statement

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the effect and estimated timeline of the drilling and assay results on the Company, the estimation of mineral reserves and mineral resources; the timing and amount of estimated future exploration; costs of exploration; capital expenditures; success of exploration activities; permitting time lines and permitting; government regulation of mining operations; environmental risks; unanticipated reclamation expenses; and title disputes or claims; Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws.

To view the map associated with this release, please visit the following link: http://media3.marketwire.com/docs/AAAdrillresults519.pdf.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

[eom7]

LGDI .56... has to be getting close to a buy here??????