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Friday, November 05, 2010 8:19:43 PM
The other thing is that some farmers fertilize in the Fall and others in the Spring. As such, most orders will be placed in last half of the calendar year. I live in the Midwest and hear ag news every day. Many reports of fertilizer shortages, high demand and rising prices.
This will only benefit UPCO in the near-term if they have already gotten Potash out of the ground. Otherwise, as an investment, they will be more of an asset play if news is good on Potash concentrations but won't make a lot of revenue until next Fall when fertilizer demand pops again and they are producing.
All IMO..GLTA,
Murocman
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