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Re: Tommy post# 82

Tuesday, 11/13/2012 8:11:34 AM

Tuesday, November 13, 2012 8:11:34 AM

Post# of 231
$PRRTF - $1 Trillion Of Potash: The Race For Arizona's Holbrook Basin

http://seekingalpha.com/article/1001871-1-trillion-of-potash-the-race-for-arizona-s-holbrook-basin

... "Conclusion

Demand for potash is widely expected to continue to increase due to population growth, demand for higher crop yields and rising living standards in developing countries. Arizona's Holbrook basin contains up to $1 trillion of potash, which is a key nutrient for large-scale farming. Two of the three companies in the basin offer investment opportunities in the public markets. Passport appears temporarily undervalued to Prospect Global: $36 million versus $130 million, respectively, despite similar land sizes and Passport's lower cash needs, shallower deposits, and access to the railroad.

Of course, both companies are valued at only a tiny fraction of their potential future size if they can make it to final production. With the support of the state government, strong cooperation of Native American tribes, a willing labor force, and significant investment of prestigious firms like Apollo, the Holbrook basin will help America reduce its dependence on foreign potash.
" ...

Today is a Good Day to Trade - Good Fortune and Happy Trails -
Tommy