Fertilizer giant Potash is pulling back today after a strong run, but one large investor appears to be confident that the downside will be limited.
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In Potash Corp. of Sasketchewan, an investor backed out of a bullish spread in April contracts by selling April $90 calls and purchasing April $95 calls. Potash closed at $80.81, down 1.2%.
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By Leia Michele Toovey- Exclusive to Potash Investing News
It is no mistake that the US led the world into the current economic crisis. The power to lead the world out rests in the hands of the Asian economies, especially China. Chinese demand is a major driving force; it has the ability to push the price [...]
By Leia Michele Toovey- Exclusive to Potash Investing News
Potash prices have soared in recent years. What was once a commodity worth about $200 a tonne is now expected to fetch $1,500 by 2020.
According to Scotiabank economist Patricia Mohr potash purchasers are currently paying US$872.50 per tonne at the port of Vancouver. “It is at a record high,” [...]
Allana Resources Inc. is pleased to announce that it has engaged Downshire Capital to provide business advisory, shareholder information and public relations services effective January 23, 2009.
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Allana Resources Inc. is pleased to announce that it has engaged Downshire Capital to provide business advisory, shareholder information and public relations services effective January 23, 2009.
For full stry, click here
Friday, June 12, 2009