Potash Corp. of Saskatchewan Inc. is all set to Double Market Capitalization

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Mon, Sep 1, 2008
Potash Company News
Post by Melissa Pistilli, Potash Reporter

As reported by analyst Keith Carpenter, despite few near term problems based on ongoing labour uncertainty and market unstability, Potash Corp. of Saskatchewan Inc. POT is still poised to more than double its market capitalization to a whopping C$130-billion sometime over the next year.

Mr. Carpenter was quoted as saying:

While we are encouraged to see contingency measures put in place, in our model we continue to assume a three-month reduction of supply from the three affected mines.

If we were to assume that the strike continues for the remainder of 2008, our full-year EPS estimate would drop to approximately $11.94 from $12.69. 

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