This is the news I was waiting for. I think the price will bleed down to the P.P. level and that is where I will consider adding to KCL. The market caps of the potash producers are in the 10's of $CAD BILLIONS, they could scoop up a huge reserve for a song at current valuation of $CAD 75 million!
Talked to the company. The PP is for 3 institutions in the US, no shares available for individual investors. As we discussed, this PP is like the early PP of STP and ROK, actually should help the stock price.