Verde Agritech Message Board

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Gold/Mining/Energy : Verde Agritech

NPK.TO 0.920

0.0%

Nov 28 9:30 AM EST

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To: Sultan who wrote (15646)	1/31/2017 5:05:52 AM
From: Freddie821	Read Replies (1) of 16582

I do not know. Note that this happened once before a few weeks ago. Somebody ran the price up quite a bit and got us all excited. Then the stock was allowed to drift lower. It puzzles me also. It seems the person doing this could now own 80% more shares if he was patient in his approach. I seem to remember it was two years ago last fall that the application for a mining permit was filed. It looks like we could be getting close to approval, or at least to a response that tells Verde what the next step is to be. I wonder if anybody knows if the government is still willing to help finance the mine. My bet is they will not. They are short of cash and are gun-shy about the appearance of corruption. So, if we get approval we must shop around a gigantic deposit of KO and a permit to mine it. A ready made deal for some big company. It will be interesting to see who bites on this deal. It will need to be a company that understands the potash market and the difference between KO and KCl. And a company that has $400 million.

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