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Re: tbv post# 1173

Tuesday, 11/27/2007 10:11:09 PM

Tuesday, November 27, 2007 10:11:09 PM

Post# of 2904
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



T

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