Club Mulgoa

Thursday, April 14, 2011

Potash - ELM GMM TRH STB

Are any of my readers still reading? The hottest item this year is potash. Or rather POTASH for those who can't read small prints. There have been enough postings on this issue by me this year.

http://www.asx.com.au/asxpdf/20110414/pdf/41y1cxbp94d2d1.pdf

First, it was STB (up >12x), then ELM (up 6x) and now TRH (up 4x). Only STB was bought more than 9 months ago. Just read that link and you will realize why the share price for TRH has been leapfrogging, repeatedly. And it won't be plateauing either if that article is true. So much potash for so little and it is IN the USA. In fact, the jump today for TRH is double my average buy price, bought in Aug 2010 and Sep 2010.

If I am BHP's CEO, ELM, STB and TRH are the companies to take over.

GMM has recently started to rise too. I have topped it up many times, but the share price kept falling until only recently. Now it has gone into the green zone. Every time you eat, just remember potash was used to fertilize the food (non-meat). That simple, and you are competing with the Chinese and Indians for that vital K element.

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