The Russians are on to Potash!
February 5, 2010
The Russians are staring to understand Potash. Potash pricing improving internationally helped by Russian exporters!
See this article to learn more…
Research Capital Corporation (RCC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-RCC website please understand that it is independent from RCC and that RCC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by RCC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Research Capital Corporation (“RCC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor RCC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to RCC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.
Ritch Wigham
Mackie Research Capital
http://ritchwigham.com/
PH.(604)-662-1853
T.F. 866-662-1853
Questions about Agriculture & Potash
January 12, 2010
An interesting link to a Globe and mail blog with Ravi Sood taking questions about agriculture and “Potash” companies
Research Capital Corporation (RCC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-RCC website please understand that it is independent from RCC and that RCC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by RCC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Research Capital Corporation (”RCC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor RCC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to RCC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.
Standoff over fertilizer prices imperils world food supply
October 26, 2009
After reading this article from the Globe and Mail: I have just finished a special report that you can request with my current recommendations on the Potash companies that we follow.
-Ritch
Mackie Research Capital Corporation (MRC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-MRC website please understand that it is independent from MRC and that MRC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by MRC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Mackie Research Capital (”MRC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor MRC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to MRC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.
Well, this pretty much covers it. Cheap still, not for long.
August 7, 2009
A new article on Potash that I highly recommend you take a look was recently published here on Report on Business.
Mackie Research Capital Corporation (MRC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-MRC website please understand that it is independent from MRC and that MRC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by MRC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Mackie Research Capital (”MRC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor MRC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to MRC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.
GO figure, Canpotex caves to Russian price
July 27, 2009
…But if it is the bottom? Well higher we go!
Please take a look at the following article on the Globe and Mail today discussing Potash Corp.
Ritch
Mackie Research Capital Corporation (MRC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-MRC website please understand that it is independent from MRC and that MRC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by MRC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Mackie Research Capital (”MRC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor MRC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to MRC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.
What is the Price of Potash?
July 13, 2009
There was a rumored shipment of potash negotiated last Thursday (July,09/09). Supposedly a shipment of some 850,000 tons from a minor producer in Russia was sold for $460/ton and delivered to a port in India.The reason I am bringing this forward is that it stinks. I don’t mean it physically smells, I mean it carries the stench of some form of collusion or even corruption. The company involved Silvinet is the smaller of the few companies in Russia that produce potash. This also makes it a relatively minor player in the world of potash. It supposedly bid for this contract $160.00 under the current prevailing price being negotiated for Chinese and Indian delivery and it is also more than $200.00 under the current spot price for the commodity. This would be like Husky selling gasoline at the pump in Western Canada at $.75/lire while Chevron, Esso, and the rest are still charging $107./litre as is the case this morning in Vancouver. It is possible but I don’t remember it ever happening.
My inclination is to believe that if this is true that the broader story is much more complex. I don’t usually trust this type of story from what is widely regarded as one of the top most corrupt countries in the world. I have seen this type of disparity in the past. It used to regularly occur in the grain and precious metals markets when the Russians didn’t need to disclose their activities. One of the most recent was the huge squeeze in the Palladium market a few years back when they held back supply and drove the price to over $1000.00/ounce. I saw it many years ago when the wheat crop went from a disaster in the Ukraine (pre Glasnost) that became a bumper crop after the price of wheat soared.
If this story holds up, look for the major producers to hold back on any contract with the Chinese and Indian governments and simply supply the spot market until supplies become so tight that a new contract is negotiated at a fair ($625+) price for all concerned.
Ritch Wigham
Mackie Research Capital Corporation (MRC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-MRC website please understand that it is independent from MRC and that MRC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by MRC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Mackie Research Capital (”MRC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor MRC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to MRC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.
Potash Junior Gets Boost
May 14, 2009
We have been involved with this junior for some time.
Contact me and find out why this is such a special opportunity and should be considered for your portfolio.
Mackie Research Capital Corporation (MRC) makes no representations whatsoever about any other website which you may access through this one. When you access a non-MRC website please understand that it is independent from MRC and that MRC has no control over the content on that website. The content, accuracy, opinions expressed, and other links provided by these resources are not investigated, verified, monitored, or endorsed by MRC.
The opinions, estimates and projections contained herein are those of the author as of the date hereof and are subject to change without notice and may not reflect those of Mackie Research Capital (”MRC”). The information and opinions contained herein have been compiled and derived from sources believed to be reliable, but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. Neither the author nor MRC accepts liability whatsoever for any loss arising from any use of this report or its contents. Information may be available to MRC which is not reflected herein. This report is not to be construed as an offer to sell or a solicitation for an offer to buy any securities. Member CIPF.