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rocketeer357

04/15/11 6:22 AM

#2132 RE: Bobwins #2130

Agree. I own the common of FED and the warrants as well as a hefty position in Allana.

IMO, AAA is blazing the trail in Ethiopia, making it much easier for FED to gain traction and credibility as they prove up a massive deposit of potash- 2 billion tons according to the project prospective on the company's website.


FED will soon trade in US markets as well:

http://finance.yahoo.com/news/Ethiopian-Potash-Applies-for-ccn-39943360.html?x=0&.v=1


Looking at the current BOD, management team and the FED website, it seems these guys are hoping for a buy-out by or before the pre-feasibility study completion date.

A buyout before the warrants expire in Sept 2012 would suit me just fine!