smart money getting set?, page-9

Hi Bucaneer,

Yes, ELM has placed at epicentre of potash game, that is definitly correct.

By very high resource grade and largely defined (as indicated+inferred)resource size, and a new drilling programme on the way which is nearly definit that it will triple the resource size, ELM stands as the best potash deposit in the world at moment.

I am sure that a lot of instos are watching ELM and trying to get in, maybe talking to mamagement for private share placements, while some others trying to getting set by playing with ELM's sp!

Your quote: "Any fund that has respresented themselves as strategically aligned to expose their clients to the ag sector must now take ELM very seriously.
It becomes no longer an issue of whether they take an interest but how!"

They were actually watching potash sector for long time. They knew that there were not many potash explorers availabe in the market, there are just a few of them. So they are definitly aware of ELM.

Here it is, Goldman Sachs identified potash sector as one of the 3 big things just recently.

I have posted it on this thread on 27th of Feb.2011, Post #: 6384389;
"Goldman identifies 3 big things; one is potash"
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Goldman Identifies 3 Big Things That Hedge Funds Are Doing With Their $1.2 Trillion In Equity Assets

Source: http://www.businessinsider.com/goldman-identifies-
3-big-things-that-hedge-funds-are-doing-with-their-12-trillion-in-equity-assets-2011-2

Goldman's David Kostin identifies three big trends from the last hedge fund 13-Fs, and what they're doing with their $1.2 trillion in equity assets:

Hedge funds own gold in response to a fear of rising inflation:
Hedge funds own $23 billion of long positions in Gold Stocks and ETFs with approximately $8.6 billion or 38% of their exposure held in the form of the SPDR Gold Trust ETF (GLD).

Hedge Funds own an additional $9 billion in Fertilizers & Agricultural Chemicals stocks and Agricultural ETFs, including $4 billion of Potash (POT) as a consequence of M&A activity.
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