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Gold/Mining/Energy : Verde Agritech

NPK.TO 1.330

+3.1%

Oct 31 9:30 AM EDT

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To: Frankly Speaking who wrote (139)	12/14/2009 2:48:30 PM
From: ogi	2 Recommendations Read Replies (1) of 16582

Well with 28 mil shares in the float, a deposit area of 100kms by 6kms and the need for domestic Potash in Brazil, the promise of an AMZ potash that is free of "salts" and slow release therby making it far better for Brazil's tropical soils then you can pick a number if they prove it to be economical. I am certainly dreaming of double digits and on a takeover. Although AMZ could go into production by 2011/2012, I doubt current potash producers want to lose their Brazilian sales. And CVRD have the land surrounding AMZ and they want to get into potask. AMZ has about 8 mil in the treasury and have partners that are doing live field tests, so although we can expect a financing in the future there is no immediacy in that.

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