April 9/2010 ... Market Notes:
Pressure: on the Markets, and on the Potash Sector;
Big Picture: everything is fine, Dow 13,500 by Dec 2010 on schedule;
ICP technical’s: pumping iron and building muscle.
Here is the deal:
As the Global Bull Markets enters it next leg, sometime over the next 5-weeks, many of the resource juniors are not going to survive. Their cash requirements versus risk versus reward will not be able to provide a suitable balance/equilibrium to merit further equity infusions from International and North American Institutions. Without International and North American Institutional sponsorship a resource junior has little to no future. In today’s World, Institutions require 2-parameters that are none-negotiable; first, they must control the inventory of equity in order to balance a system; and second, there must be an authentic tangible World-class asset, in a politically stable and capitalist-friendly environment to off-set any degree of capital-risk going forward.
ICP has a World-class US asset and a respectable opportunity of being the lowest cost producer of SOP Potash in the entire World within an acceptable amount of time.
ICP has the potential to be a 10-bagger, over the next 20-months.
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P.S.1: If enjoy the potential of the Potash Sector and the action of high-rollers, then POT on the New York Stock Exchange offers an in-depth look into the psyche of entities that play $1 million dollars a hand/trade with no hesitation.
P:S.2: Also, monitoring another stock with a World-class asset in Canada with International and North American sponsorship, CLM on the Toronto Stock Exchange, it when form $0.80 in 2009 to $10.00 in 2010 for an over 10-bagger in just 14-months. |
