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Re: Track post# 5592

Tuesday, 06/21/2011 9:04:50 PM

Tuesday, June 21, 2011 9:04:50 PM

Post# of 12338
Re: Uplisting to TSX

Someone did ask the question about uplisting to the TSX (was part of the question regarding shareholder protection). I don't recall the exact quote from FA - didn't take any notes, darn it - but he said they have been talking to the TSX and will be moving forward with listing to the TSX in the next few weeks.

It was an excellent conference call, and I encourage everyone to listen to the recording of it; not sure if it's available yet. It was approximately 45 minutes long; 15 minute presentation at the beginning from FA and the rest was for questions. I don't think I came away from it with any new information. Maybe the most interesting for me was a comment from FA about additional land acquisition with the $60MM in the bank. Until they drill more in the east he doesn't know if they'll pursue additional land, but with the current resource estimate we have more than enough potash already. He would rather use the cash leftover from the BFS for construction instead of purchasing more land. I thought that comment really showed just how high they are on the new numbers.

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