STB 0.00% 40.0¢ south boulder mines ltd

why is this shooting up, page-8

  1. 1,113 Posts.
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    This is interesting, an excerpt from a AFR article posted on the RWD site.

    "The three big North American potash explorers have all just been re-rated upwards, and it's interesting that the canny Robert Friedland has moved into potash. He is becoming chairman of one of Canada's up and coming players, Potash One. He is seen as the key to allowing that company to raise more than the $C1.5 billion needed to develop its deposit.

    There is speculation that Friedland will position the company to become a reliable source of potash for China, the world's biggest importer of the mineral. It will be fascinating to watch whether China provides some or all of that capital target."

    So the North American version of Twiggy Forrest has moved into potash also.

    He is no dummy.

    good luck all holders
 
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