just a consolidation of my thoughts, page-5

Morning guys,

All your comments make sense.

Fortis still is a spec play and the SP has lifted on the back of the news of a HK investor, World Class Potash Asset and GEM's $10m facility.

I'd say if the words "world class potash asset" were not in the announcement the SP would be closer to the 40c Madam Cheung came in at.

Speculation has caused the SP to test the low 90's and where it sits today at 75.5c

I expected this due to the fact now the market is wondering where this Potash mine is and how big it is so some punters are in and also I feel a few big players are asking allot of questions about the mine and have taken a position as well.

All this speculation will end soon I feel. We should hear some news soon enough then the market will react accordingly. So if your watching and waiting to see what the news will be, your probably playing it safe. The only risk you take is the upside risk obviously is this is the real deal.

Im always sceptical with sudden SP rises because I dont think its the mums and dads that cause this. Word always gets out about the deal to the people that count in this game and the rumour mills runs hot between the insto's etc. I've seen it with FMG and RIV to name a couple of similar stories.

Im sure a trading halt will be called before the news is announced. Ill watch for a sudden spike again and this will signal news is close.

So its a 2 way bet.

Goodluck to all that hold and to the ones who are watching.


Im set!