greetings from a canadian potash trader, page-10

I'm an owner of both MAK (From 30s) and RWD (Although later in the low dollars because of my concerns over native titles which are now gone). I don't even know why there should be an argument for or against either. Both are in the same markets albeit different commodity.

This is a structural move of these plays.

As I said when I bought MAK the play reminds me of the early Uranium bull run only better. The reason why it is better is because of scarcity. Uranium is everywhere - uncontaminated Phosphate and potash is actually relatively rare.

The Uranium party was blown because of the me to companies diluting the amount of capital chasing the bull market away and therefore ultimately capping returns with the exception of PDN and SMM.

Although even PDN has been impacted by the proliferation of me to plays.

But in Ag chemicals like MAK and RWD there are very few viable alternatives. (Even though BON is giving it a go - They also gave the U run a go too - resulting in the usual pump and dump). MAK is like a dream come true for structural players.

I used to argue about SMM with everyone on this board from 10 cents all the way to the mid $6s. Most people didn't get it and were all trying to focus on when it topped out for a day rather than seeing the big picture which was a $100k investment turned into $6m over 18 months. You need to do a lot of profitable in out trades to get that kind of return. MAK is most likely to be the same boat. Everyone now talking about $25 price targets. I can see the merit of these targets but my $8 short term target is significantly more likely in my view that the $25 ones (Although wouldn't it be nice to turn $30m out of MAK!!)