tier 1 *long life low cost precious commodity*

Potash looking good!
Macro
- Potash commodity pick of 2011 and going forward / Safe due to consumer staple nature of Potash "we all need to eat boom/bust times"
- Resources Grab frenzy in multi-decade multi-commodity boom (driven by emerging markets)
- Obvious Corporate interest from BHP(recent attempt), RIO (Albanese looking) Vale
- RIO ventured into Mozambique (Rivers bid) showing their appetite for Tier 1 assets in emerging (African) nations.

I have been on the hunt for Potash companies (RWD, STB etc.) and this one looks to be setting up nicely:
- DD headline NEXT BIGGEST POTASH FIND
- Proven management (UraMin) plus management involved in broking houses
- High grades at shallow levels through recent newsflow confirming older drilling
- Postive Mining/Business Posture from Congo (safer than Eritrea?)
- Open in all directions with next drilling phase announced which will supplement maiden JORC resource.

I think we have a monster (Tier 1 *LONG LIFE LOW COST PRECIOUS COMMODITY*)on our hands.

Taken position a few weeks ago at $1.80 - looking forward to maiden JORC and beyond....