InvestorsHub Logo
Followers 18
Posts 1395
Boards Moderated 0
Alias Born 08/29/2009

Re: None

Saturday, 07/16/2011 10:55:10 AM

Saturday, July 16, 2011 10:55:10 AM

Post# of 124
My Dad lives in Northern Arizona and owns a lot of land in Holbrook so he takes the weekly paper to keep up with the news. Yesterday he said there was an article discussing the affect this potash basin project could have on that area so I told him I'd look into this stock to get some info.

Just looking for any best guess projections or thoughts from someone or anyone who has been following this for a while.


Here's a link to the Holbrook online article regarding the affect this mining could have on it's community. One thing it mentions is the quality of the potash in the Holbrook Basin.

It was approximately three years ago that the Arizona Geological Survey brought to light the potential of a vast reserve of potash within the Holbrook Basin. Since that time, Passport Potash, one of three companies exploring the possibility of mining the area, has begun to receive feedback on core samples indicating that the potash in the region is not only abundant, but also of a high grade. That, in addition to the rising demand for potash, means that Holbrook and the surrounding communities may be in line to experience an economic boon in the near future.



http://www.azjournal.com/2011/07/13/potash-mining-set-to-aid-area-growth/



TIA

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.