ELM's is a better performer than Potas One of Canada.
This is great news;
"German fertiliser producer K+S AG is buying Canada's Potash One for $C434 million ($US428 million), as it looks to join the global race for scale in the potash sector."
http://www.businessspectator.com.au/bs.nsf/Article/UPDATE-2-KS-to-buy-Potash-One-for-428-million-BFN74?opendocument&src=rss
I was expecting Potash One to be taken over by BHP..! Or Chinese...! But K+S has come to stage. Very very interesting.
Potash One is the best explorer in the World atm with clearly measured and defined huge resources. Now, it has gone to German K+S (was having trouble with declining historical reserves) There is no other one in Canada (not even in the World) like Potash One. (There is only Western Potash a bit close to it but it has much smaller and low grade reserves)
So ELM will be the shining star of the potash explorers soon.
HOLD THIGT...
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