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prescient11

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  • All Eyes On Verde Potash [View article]
    Ian,

    I was a bit disappointed by that interview in that it did not go into much discussion with regard to the Cambridge process other than generic statements.

    Getting a PEA done this quickly is a big big deal.
    Dec 22, 2011. 11:29 AM | Likes Like |Link to Comment
  • All Eyes On Verde Potash [View article]
    TSL,

    Exactly right. And the Chinese just started another $300B sovereign fund.

    One thing that should be pointed out is huge kudos to management for their foresight and absolute brilliance in keeping the share dilution to a minimum. 35MM fully diluted at this stage of the game is UNHEARD of for a junior miner.

    Taking out this seemingly endless supply of potash and locking up this hopefully "groundbreaking" Cambridge technology process, for ONLY one billion dollars, implies roughly a $30/share price.

    All speculative capital is being used to accumulate shares here. Good luck to all.
    Dec 16, 2011. 12:43 PM | 1 Like Like |Link to Comment
  • All Eyes On Verde Potash [View article]
    One analyst had the target price, if Cambridge is economic, at $130/share, i.e., the discounted NAV.

    Personally, given that commercial production would not begin until around 2015 and applying a more than conservative discount, I would put the value at $40-50 per share.
    Dec 13, 2011. 01:01 PM | Likes Like |Link to Comment
  • All Eyes On Verde Potash [View article]
    Brilliant piece. Yes, with only 35MM shares outstanding, fully diluted, Verde (formerly Amazon) has a brilliant future ahead I think. We are all looking to January 2012 to see what the PEA has to say.
    Dec 12, 2011. 11:39 AM | Likes Like |Link to Comment
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