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-theinvestar
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achieve stellar returns"
Potash Sprouting New Entrants
Thursday, June 19, 2008
The world's major potash producers' stocks keep
powering higher day after day with Potash Corp. of
Saskatchewan (NYSE- POT), The Mosaic Company
(NYSE- MOS), and Agrium Inc. (NYSE- AGU) moving
strongly higher over the past two weeks. Investors
are beginning to reinvest their gains in these larger
players down the food chain into some of the potash
explorers. So long as these larger companies can
keep up their momentum and avoid any sharp
downturns, the juniors should continue upwards as
well.
Over the past week we have seen many new
entrants into the potash arena, and after the success
of the Potash North Resources IPO we were not
surprised. These deals were in the works before, but
the huge success of the recent IPO market and
Raytec Metals' explosive move due to their Resource
Calculation proved to be the inducement for the
finalizing of these transactions. From last month, it is
fair to say that the junior explorers have doubled in
size and now offer some alternatives to Canadian
potash explorers.
Article Feed
Welcome to the newest section to
our site, the Potash mining section.
We hope that like our uranium
section that the Potash section will
become investors' one stop for
Potash news, articles, coverage and
industry information. Any comments
or suggestions can be made by
clicking the 'Contact Us' tab to the
left and leaving us a message.
Thanks,
-theinvestar.com team
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