oh happy days, oh happy days, page-75

Thanks Teflon a very considered response, which kind of strayed of the mark, none-the-less I stand by my potential scenerios to explain your negativity (which I am not against) on an unsutantiated and sustained basis. But hey if I'm wrong and thats what gets you off, go for it.

Regarding the volatility.

Agree that potentially a post exploration, development phase slump is what would normally occur at this stage, but the reality is that despite the still very high risk stage STB is at with the potash project, the valuation is still way of the mark.

Someone the other day mentioned the old BHP term "tier 1 asset". This is what STB has and for the life of me I can't remember when the last time was a small junior, with such a tight share structure, had such an asset. In my opinion atm many are struggling with the valuation. Many except Sprott ofcourse who have filled right up on market and through an above market placement to their 19%, watch them continue to creep. This is a unique situation, the only time I can remember a junior in such a scenerio was probably when Freidland found Voisey bay or Fipke found the diamond deposits of the NW territories. The Canadians will have no problem with paying $6 a share and above, this company basically has the structure of a TSX company. Something they are used too and most Australians are not.

I can't see anyone going big on a margin here given the above. Also I can't see a takeover at this stage, the structure is too tight and value too easily added for little expense to STB.