Gregory Vousvounis
Value, growth at reasonable price, long-term horizon, long only

Compass Minerals: A Basic Materials Company With No Commodity Risk

Compass Minerals International (NYSE:CMP) is a producer of minerals like salt, sulfate of potash specialty fertilizer ("SOP") and magnesium chloride. Among other locations it owns and operates the largest rock salt mine in the world in Goderich, Ontario, Canada and the largest rock salt mine in the U.K. in Winsford, Cheshire. Furthermore the company's solar evaporation facility that is located in Ogden, Utah, is both the largest SOP production site and the largest solar salt production site in North America.

(click to enlarge)(Source: Compass Minerals' presentation at the KeyBanc 2012 Basic Materials Conference)

Salt is used as deicer for highway, consumer or professional use. It is also used as an ingredient in chemicals used for water treatment,...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details