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Re: Max Power post# 5116

Tuesday, 05/17/2011 9:37:46 PM

Tuesday, May 17, 2011 9:37:46 PM

Post# of 12338
Gotta to listen to conference call, very informative.. It appears on track for 1 million tons in 2014 .. The road / ports will be able to handle 3 million tons per year by 2016 , calculated. The cost estimate for Solution mining ( not open pit ) is $ 120 a ton, so that gives you 280 million dollars profit on 1 million tons . It was noted also that there could be a 7-10 year window where no taxes to be paid, . There are over 177 million shares and the company mentioned they do not want to dilute the stock, and are seeking take-offs for construction. All in all this company has much going for it. I see this stock at 15.00 $ in 12 months and over $30.00 in 24 months , based projected earnings in 2014. IMHO .

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