RWD 10.4% 8.5¢ reward minerals ltd

how much longer can this go on for, page-3

  1. 5,378 Posts.
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    flick15,

    Wow, probably the best snippet of info on potash I have ever read. Thanks for posting.

    I have come to the conclusion that it is a bubble. Earnings of all the big fertiliser companies are at unbelievable records, but I still think the demand from India and China isn't there. They aren't growing in a hurry. There diets aren't changing. Biofuels is a scam. The riots aren't real, just made up by the media. These latest contract price increases up to $1000 tonne won't actually increase earnings for the potash producers. They are just an imaginery made-up number. It doesn't make undeveloped JORC compliant potash resources attractive. Financials are a much safer bet in this market IMO.

    Got any good stock tips?

    Cheers
 
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