Replies to post #5767 on Sterling Group Ventures Inc. (fka SGGV)

[Refill]

Thanks dtstx, great post, that really cuts through the fog surrounding our current situation. Sorry I was off by a month on the dates for my comments. I guess now we wait for a jump in fertilizer prices. Where do you estimate phosphate prices need to be for us to begin production, I understood our costs to be the $30-$35 range.
GLTA

[fred500]

Hey dtstx. Thanks for posting that explanation, etc. I think what you wrote at the end of your post is worth repeating and makes perfect sense to me:

"The comment about "building the mining facility was slowed..." is separate. I think they know economies around the world are improving but phosphate prices will lag until inventory is delpleted by the upcoming planting seasons. One thing about cheap prices, that usually translates to increased usage I would think."