comparison with peers, page-5

I had the same thought when I bought into this stock, but you have to keep in mind the recent uncertainty in the potash industry with prices coming lower.

Although potash is a great long term investment, there is actually oversupply at the moment though this may change when prices come down.

Further, it doesn't help that management has not effectively communicated the future direction for POK. General statements are made that POK will progress the project to BFS over the coming months or quarter.

Well, what does this mean? More drilling? Studies?

I would also argue the recent CR was not that successful and if they were doing drilling on Federal Land, they would ned to raise again soon.

Sure the medium to long term picture may be good, but in the short term I don't see any catalyst for SP appreciation - especially when we don't even know how they plan to execute their strategy for the next 3-6 months.