Fertilizer African Plays (PCP.V, FED.V) Message Board

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Non-Tech : Fertilizer African Plays (PCP.V, FED.V)

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To: zebra4o1 who wrote (3)	7/19/2011 4:17:32 PM
From: El Canadiense	Read Replies (1) of 7

zebra, I have been in Minemakers in the past but gave up as they did not seem focused on their phophate project(s) . Now that they have the offtake agreement in place for their Australian phosphate project (the other one is in Namibia) with the Indian outfit, Minemakers seems way more legit, but again, at 200+ million market cap it doesnt look like a bargain to me vs. PCP. As a matter of fact I have now reviewed every possible publicly traded phosphate project and can conclude with ease what my first observation pointed to: PCP is by far the cheapest out there and the one actually closer to production with a BFS being released within next 6 months. But I havent had the time to produce any post on that as I am on holiday now. BTW PCP management told me today a BFS update is due out soon next few weeks for what is worth.

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