Cash backed and a major Potash resource, page-11

extreme negative sentiment as a result of many years of underperfomrance is usually why companies trade at their cash backing levels

however in nearly every instance when such management becomes active in trying to restore value I have seen the stocks deliver substantial gains from their cash backed levels

it does take a bit of time and volume to wash through the stale holders

the push into Potash could prove to be a master stroke as the current dinning/agri boom we are seeing is sure to flow over in to ferts like Potash