You might be able to make a little money in PGRX on some quick swing trades, but PGRX itself is heading to zero. Not only is potash no longer a hot speculative market, there is just no way PGRX is going to be able to raise the nearly 1 billion dollars it would take to build the mine. And if they do raise it, it will be through the selling of shares. At best, I think PGRX will eventually build out the mine, but it will so badly damage the share price that they will eventually have to delist to the OTC, and there they will dilute to no end.
I thought about jumping in here again, but I lost so much money in this stock it just isn't worth the risk. Take a long hard look at the reality which PGRX is up against, and it will make you think twice before investing here. Bankruptcy is a far greater possibility than is profitability, and if you don't believe me, call the company. They need a wing and a prayer to make this work. GLTA.
