open letter to management, page-40

I think 50c is more the long term support. It has not been below this level since 13/4, last time I was in this stock, and went to 92c in two days when state permits were announced to market, in the most unusual of ways.

In this sense i think the fed permits SHOULD have a significant effect on the SP even though the drilling thus far has not been to markets liking.The potential stills exists for POK to become a VERY significant player.

I am not a subscriber of Diggers but recieved and invitation to get the DR's 6 big tips of 2012. I will not go into the details but still very bullish, POK, and definately flying under the radar was the opinion, imo. Original price targets still in place I believe.

All up I am at the very least intrigued and at most excited to see what becomes of POK this year.It is a very interesting story, so far, to say the least, and will still hold much risk in many peoples eyes. If those permits are obtained and the drills bring up some of the stuff ab is searching for it is game on, but that is the risk you take with specs. The proof lies in the soil samples and at least with POK we have some past results to get some sort of rough idea from.

This from the last announcement:

Independent geologist Agapito Associates Inc. will be preparing a JORC resource based on cores and gamma logs from all 45 holes drilled on or in the vicinity of the
Potash Minerals tenement. Included in that estimate will be the 3 recent Potash Minerals state holes as well as 38 historic oil & gas holes, one US government cored
and assayed hole and data from 3 Stone Energy holes provided under confidentiality as noted in the recently announced data sharing agreement. Until the Federal
prospecting permit is granted, only the state lease lands will be included in the Company’s resource estimate.

Gives them a base to build on at least and imo should not be trading at a discount to pre-state approval levels, but,maybe I'm wrong, we'll see.