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RE: SWING TRADER
It's true that they have not been producing, but in addition to having about 16 cents/share in cash they are full owners of 87,500 acres of prime potash territory in Saskatchewan.
Last year they had private placements to raise 80 million @ .3358/share (price currently .135)
With reports of the 9 year slump in potash prices ending I felt comfortable buying a monthly mortgage payment of the company in hopes of a buyout offer. But, still, they are working towards mining the potash themselves, the project takes time though.