The need for fertilizer and Potash One
June 22, 2009 · Print This Article
Part 3 of 3: The need for fertilizer and Potash One
If you read the report that I wrote earlier you may have been struck by the numbers that I listed for the effect of fertilizer on crops as published from long term studies done at various universities in North America. With yields improving as much as 40 or 50% in some cases for corn and wheat it becomes pretty clear quickly how important it is to fertilize your crop. As the available arable land world wide, gets repeatedly abused to produce more and more feedstuffs, the need to fertilize will only become more critical. This fact isn’t going to go away, regardless of the climatic conditions that we encounter in the years to come.
As with Uranium there is only one jurisdiction literally in the world that I would trust to invest my money in the efficacy of developing a potash (fertilizer) deposit. There are very few choices currently available for this. That jurisdiction is Saskatchewan. A lovely agrarian province in what is geographically the center of Canada. They have currently the largest known deposits of potash in the world. They have been producing it on volume, more efficiently, and at a lower cost for longer, than anyone anywhere else. They also are friendlier to the development of both Uranium and potash than anywhere else in the world, at this time.
The choices are limited for good projects anywhere in the world, they are reduced to just two if you limit yourself to Saskatchewan. They are Athabasca Potash and Potash One.
I know which one I prefer. I could make the comparison here, but it frankly would be of no benefit to my business. What I can tell you is that now is the time to discuss all things agricultural. We are in the post seeding lull that I told you about a couple of weeks ago. We have only a few weeks (or less) to take the action to profit from what will be a very bullish move in not only the large potash companies (Potash Corp. Agrium, Mosaic etal) but the whole agricultural sector.
Talk to you soon with more updates,
Ritch Wigham
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