Some investors do not understand orvappreciate the value of Potash. The market response to the announcement proves this as it still thinks that the resource is a spec play and don't realize that this a need not a want. The world needs fertilizer to feed it's growing populations and one thing is for sure the worlds population is growing at an astounding rate. IMO STB is a great buy and hold and as time goes by the resource is growing and evolving from indicated to measured! This is a measured resource of mammoth proportions that stacks up against the big players of the potash game. Aussies want short term gain and don't think of what will this commodity be doing in the future. All I know is that nothing gets cheaper they only will fluctuate for a little while but the long term trends are up and up. Potash is a commodity that will always be needed because people need to eat three times a day. To keep prices down you need to increase crop yield and the only way to do that is through modern farming techniques and the use of fertilizers. STB is positioned as a future potash producer and is a great stock to hold for the long term.
STB Price at posting:
$2.35 Sentiment: Hold Disclosure: Held
