re: Ann: PARADOX BASIN POTASH PROJECT UPDATE ...
Tiggles I trust your message was in mock Let us have a decent discussion as I am keen to have a healthy debate Pro regarding the results were widths and better than average grades Con is carnallite I was expecting widths of sylvannite We are talking different beasts Also both have very different spectral logs so if management relied on different set go logs this starts to throw geology of area in a little bit of doubt Also reason why I think insiders sold was because else we would've seen some consolidation which was not evident I've had multiple chats with management and don't rate anyone except Ben
Also due to depth potash will require over billion dollar capex unlike some base metals ( although you will have a reasonable mine life)
You require management with credibility to attract project finance funding Anyways my two bobs worth I do hope that this comes to fruition because if what has been claimed to had in the ground, this could be world class given location and proximity to north American farmers
Will enter at more favourable risk reward and if am wrong will rue the chance of being part of being something special Good luck!
POK Price at posting:
52.0¢ Sentiment: None Disclosure: Not Held