Club Mulgoa

Tuesday, October 18, 2011

ELM and the other Congo

http://minesite.com/news/elemental-minerals-should-be-producing-two-million-tonnes-of-high-grade-low-impurity-potash-per-year-in-congo-brazzaville-by-2013

The share price has increased by nearly 300% since I bought about 1 year ago when BHP made a move on Potash Corp.

Potash miners have done very well. Indians and Chinese are obviously eating more! But neither ELM or TRH are digging it up at the moment.

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