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Potash One is hitting the newswires hard...
http://www.marketwire.com/mw/release.do?id=800868
http://www.silobreaker.com/DocumentReader.aspx?Item=5_798794515
http://press.arrivenet.com/industry/article.php/1072230.html
http://www.congoo.com/news/2007December7/Potash-Inc-ISX-Changes-Name
http://www.tradingmarkets.com/.site/news/Stock%20News/895109/
On Investcom now http://www.investcom.com/cgi-bin/nameindustry/symbolsearch1.cgi?ID=1&string=KCL&exact=yes&sym=yes
Potash One says new name suits primary business
2007-12-06 12:26 MT - News Release
Mr. Paul Matysek reports:
ISX CHANGES NAME TO POTASH ONE INC.
ISX Resources Inc. (the Company ) is pleased to announce that it s name has changed to Potash One Inc. The name change was approved at the Annual and Special Shareholders meeting held on November 21, 2007 to better reflect the ongoing business and operational focus of the Company which is the development of potash deposits.
The Company also reports that it successfully secured the trading symbol, KCL (Effective December 6, 2007), which accurately describes the nature of the Company's operations. KCL denotes the chemical compound potassium chloride also commonly known as muriate of potash. KCl is the most common chemical compound when referring to potash, which is one of the key ingredients in fertilizers for plants. With the recent appointment of Mr. Paul Matysek as the new CEO and President and the name change, the Company is now solely focused on developing its significant potash property in southern Saskatchewan, the largest potash producing region in the world. The Company controls over 97,000 acres of previously explored potash-bearing property which is directly adjacent to a large potash producing mine to the south of the Company s property. The Legacy Project shares the same geological structure with this currently producing potash solution mine.
Potash One s Legacy Project in Saskatchewan was previously explored by Imperial Oil Ltd (now Exxon) and Lumsden Potash Corporation.
The 43-101 report completed earlier in 2007 confirms 40 million tonnes in indicated resource category and 390 million tonnes in inferred resources. The grades are consistent ranging between 19% and 22% of K2O
The Company entered the potash sector early in 2005 before the potash prices started their current uptrend. The market fundamentals such as rise in demand for agricultural goods for food and biofuels are expected to remain strong and even grow stronger. This demand is driven by continuing growth in emerging economies such as China and India where the quality and quantity of food consumption is on the rise. A new source of demand for fertilizers, thus potash, also comes from the use of grains for biofuels such as ethanol. On the other hand, the arable land worldwide is rapidly shrinking. These factors put an upward pressure on demand, driving potash prices to record levels in the recent months.
Paul Matysek, the Company s President and Chief Executive Officer, stated: This is an excellent time to be in the potash industry. We are very pleased that we could secure a company defining trading symbol, KCL , which clearly reflects our commodity focus. The new name and symbol affords Potash One the opportunity to create strong brand recognition in the fertilizer market and investment world. We are in the best potash producing area of the world with an established infrastructure that will significantly facilitate our development plans. Potash One is already conducting a number of technical and financial studies that will allow us to advance our previously explored potash project to the next development stage .
Notice to Shareholders
The common shares of the Company are expected to commence trading on December 6, 2007 under the new trading symbol KCL and new Cusip No. 73755F100 and ISIN No. CA 73755F1009.
In connection with the Company's name change, the Company has adopted a new form of share certificate showing the new name, Cusip number and ISIN number. New share certificates will be issued in the normal course further to share transfers and other share transactions. In the meantime, share certificates showing the former name of ISX Resources Inc. will continue to represent the common shares of the Company and it will not be necessary for you to exchange your existing share certificates for new share certificates. Should you wish to obtain the new form of share certificate, however, you may do so by submitting your existing share certificate to the company's transfer agent, as follows:
Computershare Investor Services Inc., Third Floor,
510 Burrard Street, Vancouver, BC V6C 3B9
Attention: Stock Transfer Department.
ON BEHALF OF THE BOARD OF DIRECTORS,
Paul F. Matysek, M.Sc., P.Geo.
President and Chief Executive Officer
Telephone: (604) 331-4431
Fax: (604) 608-4979
info@potash1.com
About POTASH ONE Inc.
POTASH ONE Inc. is a Canadian potash company engaged in the identification, acquisition, exploration and development of advanced resource properties. The Company has a solid balance sheet and experienced technical and corporate management to advance its current project to the next level. The primary interests of the Company include an option to acquire 100% interest in a 97,240 acre Potash Subsurface Exploration permit in Saskatchewan, Canada.
Forward Looking Statement
This release includes certain statements that may be deemed to e forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address further production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions such statements are not guarantees of further performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forwardlooking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
We seek Safe Harbor.
Potash One new listing amendment
2007-12-06 14:45 MT - New Listing
Further to the TSX Venture Exchange bulletin dated Dec. 5, 2007, Potash One Inc. has advised that the following information is amended:
Capitalization: Unlimited shares with no par value, of which 24,958,422 shares are issued and outstanding
No but it could have been this gentleman...
Insider name: Matysek, Paul Frank
Insider's Relationship to Issuer: 4 - Director of Issuer
Security designation: Common Shares
1088270 2007-11-21 2007-12-01 Control or Direction :
Bedrock Capital Corporation 00 - Opening Balance-Initial SEDI Report 1,660,000
Nice to type "Potash" into SEDI and up comes Potash Corp and Potash One - good bedfellows
Its called stroke lol, check out the Small Caps show on BNN today at 18:40 mark
http://broadband.bnn.ca/bnn/?id=2166&vid=23808
"How long they will be around remains to be seen"
Glad to see your enjoying yourself Ed!
Then this is the wrong board to even bring it up.
None of the potash companies here are proposing it as far as I am aware.
As far as I am concerned ISX (Potash One - got to scrap that symbol!) is undervalued compared to its peers.
Granted ALM is farther ahead with thier work.
Athabasca Potash IPO looks to be way overvalued to ISX.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24847275
I expect the same from Western Potash.
They all have relatively the same risk re water inflows and energy costs etc even with ISX possessing some natural gas holdings.
The difference is ISX has just begun to get thier story "out there".
Paul Matyseks appointment and the name change is just the beginning.
I must have missed your point posting about brine inflows.
I think brine inflow in solution mining is a good thing.
Art if your scared dont buy ISX and if you own any please sell.
Paul took EMC from a penny stock to $20 still no mine there either lol
Mosaic Esterhazy is not a solution mine.
Clean, carbon-neutral hydrogen on the horizon
November 12, 2007
University Park, Pa. -- Hydrogen as an everyday, environmentally friendly fuel source may be closer than we think, according to Penn State researchers.
"The energy focus is currently on ethanol as a fuel, but economical ethanol from cellulose is 10 years down the road," says Bruce E. Logan, the Kappe professor of environmental engineering. "First you need to break cellulose down to sugars and then bacteria can convert them to ethanol."
Logan and ChengLogan and Shaoan Cheng, research associate, suggest a method based on microbial fuel cells to convert cellulose and other biodegradable organic materials directly into hydrogen in today's (Nov. 12) issue of the Proceedings of the National Academy of Sciences online.
The researchers used naturally occurring bacteria in a microbial electrolysis cell with acetic acid – the acid found in vinegar. Acetic acid also is the predominant acid produced by fermentation of glucose or cellulose. The anode was granulated graphite, the cathode was carbon with a platinum catalyst, and they used an off-the-shelf anion exchange membrane. The bacteria consume the acetic acid and release electrons and protons creating up to 0.3 volts. When more than 0.2 volts are added from an outside source, hydrogen gas bubbles up from the liquid.
"This process produces 288 percent more energy in hydrogen than the electrical energy that is added to the process," said Logan.
Water hydrolysis, a standard method for producing hydrogen, is only 50 to 70 percent efficient. Even if the microbial electrolysis cell process is set up to bleed off some of the hydrogen to produce the added energy boost needed to sustain hydrogen production, the process still creates 144 percent more available energy than the electrical energy used to produce it.
For those who think that a hydrogen economy is far in the future, Logan suggests that hydrogen produced from cellulose and other renewable organic materials could be blended with natural gas for use in natural gas vehicles.
"We drive a lot of vehicles on natural gas already. Natural gas is essentially methane," says Logan. "Methane burns fairly cleanly, but if we add hydrogen, it burns even more cleanly and works fine in existing natural gas combustion vehicles."
The range of efficiencies of hydrogen production based on electrical energy and energy in a variety of organic substances is between 63 and 82 percent. Both lactic acid and acetic acid achieve 82 percent, while unpretreated cellulose is 63 percent efficient. Glucose is 64 percent efficient.
Another potential use for microbial-electrolysis-cell produced hydrogen is in fertilizer manufacture. Currently fertilizer is produced in large factories and trucked to farms. With microbial electrolysis cells, very large farms or farm cooperatives could produce hydrogen from wood chips and then through a common process, use the nitrogen in the air to produce ammonia or nitric acid. Both of these are used directly as fertilizer or the ammonia could be used to make ammonium nitrate, sulfate or phosphate.
The researchers have filed for a patent on this work. Air Products and Chemicals, Inc. and the National Science Foundation supported this work.
Contact
Andrea Messer
aem1@psu.edu
http://live.psu.edu
814-865-9481
Vicki Fong
vfong@psu.edu
http://live.psu.edu
814-865-9481
Art do you have a source regarding the "uncontrolled water inflow" and why it would be a problem?
As I understand it production holes are cased so that groundwater is not contaminated, that casing would also prevent inflow.
More important is to have a solid unfractured base so that the solution does not go away.
The 3D siesmic is used to evaluate that.
Look out below!
Energem Resources starts trading on AIM
2007-11-28 15:12 MT - News Release
Mr. Brian Menell reports
ENERGEM RESOURCES INC - ANNOUNCES LISTING ON THE LONDON STOCK EXCHANGE - ALTERNATIVE INVESTMENT MARKET (AIM)
Energem Resources Inc. has been listed on the London Stock Exchange Alternative Investment Market and is trading under the symbol ENM. The following announcement was made in London on Nov. 26, 2007:
Energem Resources Inc.'s common share capital has been introduced to trading on the AIM market of the London Stock Exchange and dealings commenced at 8 a.m. GMT on Nov. 26, 2007. The common shares are already listed, and will continue to be so, on the Toronto Stock Exchange.
Biofuels
The group's biofuels division currently has two projects. In Kenya, the group has a 55-per-cent interest in an ethanol plant, which produces alcohol and ethanol for the local Kenyan and Ugandan markets. In Mozambique, the group has a 70-per-cent interest in a new jatropha cultivation business. Jatropha is a hardy, inedible plant which grows year-round in difficult and arid environments common to southern Africa. Jatropha seeds can be pressed to obtain a crude oil from which biodiesel can be produced through a relatively simple refining process. After the initial set-up phase, the group intends to produce crude jatropha oil for onward sale and refining into biodiesel. Land acquired and identified by Energem for jatropha cultivation is not suitable for ordinary farming and Energem's jatropha cultivation does not require deforestation, any extensive clearing or the replacement of existing food crops.
The group's jatropha business is intended to exploit the growing demand for alternative fuel sources by using jatropha seeds to produce crude biodiesel. This business is at an early stage and the priority is to set up the initial farming operation while locating and acquiring more suitable land to increase production.
Jatropha oil can be produced commercially within three years of planting. In addition, the seeds, once pressed, form a seed cake as a byproduct which can be used as a fertilizer. Once jatropha plants are mature, they are expected to have a 35- to 40-year lifespan and produce a relatively high yield of approximately one tonne of oil from every three tonnes of seed pressed. Biodiesel refined from jatropha oil complies with current EU regulatory standards EN14214 and ASTMD 675. The directors believe that Africa's relative proximity to Europe makes it an ideal location for jatropha cultivation. It is estimated that Europe's anticipated biodiesel demand will exceed 10 million tonnes per year by 2011. This demand is largely being driven by an EU requirement for 10 per cent of all transport fuel to be biodiesel or biodiesel blends by 2020.
The company intends to sell crude jatropha oil to refiners in Europe for further processing into biodiesel. At this stage, the company does not propose to produce biodiesel by refining crude jatropha oil.
The jatropha business is operated through Energem Renewable Energy Mocambique Limitada, a wholly owned Mozambique company in which Energem holds a 70-per-cent interest. The company's co-investors, which hold a 30-per-cent equity interest, have conducted research into jatropha farming in Mozambique over a three-year period. The seedling nursery at Xai-Xai has to date produced an estimated two million seedlings which have produced 300 hectares of mature plantation, from which the test seeds have been produced. Tests on these seeds, carried out by the South African Bureau of Standards, indicate that their seed oil is suitable for refining biodiesel to EU standards.
Following on from these trials, 5,000 hectares in the Gaza province of Mozambique are being cleared and readied for the transplanting of jatropha seedlings. Transplanting is expected to begin during December, 2007. A further nursery at Bilene farm has been completed and this is expected to produce enough seedlings to plant up to 600 hectares per month. It takes approximately 18 months from transplanting the seedlings to achieving oil production. The directors expect that this division will be revenue-producing within three years.
In August, 2007, the government of Mozambique granted the company the right to use up to a further 60,000 hectares of land for jatropha cultivation. The company has submitted to the government its business plan for this land and the project is currently ahead of the targets set out in its business plan. Identification of more suitable land in other provinces in Mozambique, such as Sufala, as well as in neighbouring countries, has commenced.
tis the season...
Hey check out these guys!
The Black Keys - Just Got To Be
Coldplay - Beautiful world
Some hockey trivia...
#3 Al Hamilton 73-74 "Edmonton Oilers" first captain
Swank Energy Income Fund of North America, Inc. is a non-diversified, closed-end investment company. The Company's investment objective is to obtain a high-total return with an emphasis on current income. It seeks to achieve this objective by investing at least 80% of the aggregate of its net assets and borrowings in securities of energy-related United States Royalty Trusts, Canadian Oil and Gas Trusts, Oilfield Services Trusts, Infrastructure Trusts and Alternative Energy Trusts (collectively, Energy Trusts), and master limited partnerships and limited liability companies (MLPs), including master limited partnerships and limited liability companies, which focus on exploration and production (E&P MLPs). Swank Energy Income Fund of North America, Inc. is managed by Swank Advisors, LP, a limited partnership (Swank Advisors).
NO, see my previous post.
Any opinion on Athabasca yet? From what I see it looks pricey compared to Potash One...
Athabasca:
6 historic drill holes depth 1000m, inferred resource of 73.4M tonnes 25% KCl
with 10M share IPO at $4.00 market cap = 24.5M shares at $4 = $98M
Potash One:
25 historic drill holes depth 1500m, inferred of 360M tonnes 19% KCl
market cap 25 million shares at $2.15 = $54M
Silicone Investor?
Studio 82!
SRZ ...
re Manitoba:
http://news.gov.mb.ca/news/index.html?archive=&item=1238
February 22, 2007 PROVINCE UNVEILS $15-MILLION POTASH EXPLORATION PLAN
– – –
Manitoba's Rich Potash Deposits To be Explored: Rondeau
Science, Technology, Energy and Mines Minister Jim Rondeau announced today that global resources company BHP Billiton will invest $15 million to explore the potential of a large potash deposit in the Russell-Binscarth area.
“Manitoba’s untapped potash deposits have the potential to generate hundreds of jobs and attract millions of dollars in direct investment,” Rondeau said. “BHP Billiton is the largest diversified resources company in the world with the capability to properly assess the Russell-Binscarth deposit at no additional cost to Manitobans.”
The deposit is owned by the province of Manitoba (49 per cent) and Potamine Corporation of Canada (51 per cent) as joint partners in the Manitoba Potash Corporation (MPC). MPC was created in 1986 to hold the assets of the Russell-Binscarth potash project. BHP Billiton has recently bought out Potamine’s share in the MPC.
Potash, or potassium chloride, is a key component in inorganic fertilizers used worldwide. Potash prices, production and worldwide demand continue to increase. New potash deposits will have to be developed within five to 10 years to meet this growing demand.
A 1987 consultant’s study indicated at that time a potash mine in the Russell-Binscarth area would probably generate more than 360 direct jobs in mining, processing and administration. There would also be additional indirect job creation in local support and service sectors.
Canadian Potash Operations (2001)
http://www.oee.nrcan.gc.ca/publications/infosource/pub/cipec/potash-production/benchmarking.cfm?text=N&printview=N
There are 11 potash production facilities currently operating in Canada. It is recognized that no two of the 11 facilities are exactly the same, but to accurately present the energy benchmarking data for the potash industry, it is necessary to look at two sub-groups. Of the 11 potash mines, nine are conventional underground mining operations, which means that there is underground equipment and personnel. The other two are solution mines, which involve pumping heated water through the ore body to dissolve the potash and pumping the resultant brine solution to a refinery for extraction. Solution mining is a more energy intensive process than conventional mining.
Doesnt take much reading between the lines on the new website to see that Energy Metals is the template...
http://www.isxresources.com/s/Investors.asp
ISX Resources is a Growth Investment Vehicle
The management of ISX Resources have had significant successes in the past identifying the upward trends in resource sectors
driven by solid fundamental factors. We believe that the potash project in Saskatchewan is our next great find
that matches all the key criteria for establishing a strong, growth-oriented resource company.
Phosphate:
Mining major CVRD has informed President Alan Garcia of its plans to invest US$479mil to develop the phosphates production at Bayovar (Piura). The project designs a phosphate concentrates plant with capacity to process 3.3mil mtpy of ores to start up operations by 2010, and also a port at Sechura to flow away exports. The concession on the270mil m tons firs class phosphates reserves at Bayovar was adjudicated to CVRD on March 2005 and this project has been on inception since then.
Publication: SABI - Business News
Provider: South American Business Information
Date: July 26, 2007
Potash:
CVRD’s Taquari-Vassouras potash mine is located in northern Sergipe State, approximately 45 km north of Aracaju.
The Taquari-Vassouras Operational Unit is a underground mine and a treatment plant on the surface. “Taquari-Vassouras” is the name of the ore deposit. This unit is the single manufacturer of potassium chloride (KCl) in activity in Brazil.
Potassium Chloride is an important component for the manufacture of fertilizers, and it is obtained through the underground mine of sylvite and later on improved by the flotation process. Presently all production is for domestic market and assure 13% of the Brazilian demand for the product.
History
Petrobrás discovered the Taquari-Vassouras potash deposit in 1963 during petroleum exploration. Petromisa, a mining subsidiary of Petrobrás, developed the mine, with production beginning in 1985.
Between 1986 and 1991, the mine produced 3.4 million tonnes of run-of-mine material (ROM) with an average grade of 20.85 percent KCl, for a total of 0.7 million tonnes of contained KCl. In December of 1991, CVRD, through a leasing agreement with Petrobras, took over the management of the potassium mine of the Unidade Operacional Taquari-Vassouras.
Since 1992 production comprised 24.7 million tonnes of ROM with an average grade of 31.80 percent KCl, containing a total of 7.8 million tonnes of KCl.
Vale also broke the record in the production and sale of potassium chloride in 2006. The total amount sold was of 733 thousand tons, 14.2% above the 641 thousand tons sold in 2005. The conclusion of the project to increase the nominal production capacity of the Operating Unit of Taquari-Vassouras to 850 thousand tons enabled the growth of the sales.
triple bottom?
Athabasca Potash preliminary prospectus for IPO is now filed on SEDAR
API is actively exploring its Burr Project, which has estimated Inferred Mineral Resources of 73.4 million
tonnes of potash grading 25.64% K2O. These Mineral Resources are derived from a mineralized potash horizon
called the Lower Patience Lake Sub-member. The Burr Project and API’s nine other exploration properties are
situated in Saskatchewan, Canada, which is the world’s most prolific potash producing area. Saskatchewan has
approximately 53% of reported global potash reserves and the ten potash mines currently operating in
Saskatchewan represent approximately one-third of the world’s potash production capacity. The Burr Project is
adjacent to one of the largest operating potash mines in the world, the Lanigan mine, which is owned and
operated by PCS. In 2006, the Lanigan mine produced 5.4 million tonnes of ore grading 20.16% K2O from the
mining of the Lower Patience Lake Sub-member.
Paul Matysek, M.Sc., P.Geo., President, CEO, Director, Potash One
Mr. Matysek is a co-founder of Energy Metals Corporation and an experienced geochemist/geologist with a Bachelor of Science degree and a Masters of Science degree in Geology. With over 25 years of domestic and international experience, he is a recognized entrepeneur specializing in developing resource based companies from conception to production. Mr Matysek has held senior management and/or director positions with several natural resource exploration and development companies. These have included, First Quantum Minerals, First Majestic Resources and Vannessa Ventures. Mr. Matysek has been instrumental in the acquisition and development of a number of significant precious metal and base-metal properties which include the 2.4 million ounce Crucitas Gold Project in Costa Rica and the 500,000+ ounce Altintepe Gold Project in Turkey. He has been involved in raising over $120M for various exploration and development projects since 1999. He has also been a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Rocks for Crops, Guelph University...
http://www.uoguelph.ca/~geology/rocks_for_crops/
Links from http://www.potash1.com also
so the next Energy Metals?
The Fiery Furnaces - Benton Harbor Blues
Eddie Vedder - Hard Sun