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Mike2112

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Mike2112

Re: FlatEarthSoc post# 6204

Thursday, 09/25/2014 8:52:56 PM

Thursday, September 25, 2014 8:52:56 PM

Post# of 7387
Due to the sharp down turn in phosphate prices, the Company's subsidiary in China, Chenxi County Hongyu Mining Co. Ltd ("Hongyu"), ceased operations at the Company's principal phosphate property in Chenxi County, China and has kept the property in care and maintenance mode since August 2013.


Well the price was $145 at the end of August 2013 so thinking $150 and north is the magic mark to shoot for to start up again.
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