Replies to post #558 on Value Microcaps Food, Agriculture and Soft Commodi

[cartonet]

MAK.AX: Fantastic move!!! Maybe its best to just sit tight and let them run .Agree we might be in the early stages of similar moves previously witnessed with metals or uranium juniors. Just that this time the list is really short: is it just MAK.AX,RWD.AX,KCL.V,RAY.V,ALM.V and API.TO? Any other potash jrs.?

For a sulfur Aussie play I was suggested MLI.AX. Havent really checked though

[littlefish]

cl001, MAK.AX- IMO only, I'd take at least some profits now... They have a cash burn rate that will exhaust cash in about 2-3 Qs which means equity financing most likely. granted, they may take advantage of the explosion in price to do a higher PP but this thing is getting lofty IMO only. Not much in the way of rock phosphate prospects in Australia so there's possibly a lot of Aussie and China money chasing this up. They are close to transportation infrastructure and might be able to avoid some production startup costs with some type of farmout deal. But IMO they are still quite a ways away from being a producing rock phosphate player.
Plus there was the insider sale of a good chunk (but he missed a big move up that you haven't).

Then again, wish I woulda had the guts to pull the trigger back when it started jumping bigtime. Hated the cash burn so stayed away. Oops:) Glad you were gutsy enough to make the buy. All IMO only.