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Non-Tech : Spark"s Play Pen -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (6111)	2/9/2011 10:53:47 PM
From: Spark	Read Replies (1) \| Respond to of 6175

Booo! Hey sexy..hope life is good for ya! Keep an eye on SGGV~ Sterling Group Ventures Inc. OTC Bulletin Board: SGGV FRANKFURT: GD7 sterlinggroupventures.com I've been watching this one for a while..this is a fairly undiscovered play in a very hot sector! This is not a pink, but a reporting OTC BB~ A bit of info that got me very interested: sterlinggroupventures.com TWO PROPERTIES with a total of $13.18 BILLION in estimated phosphate rock! PROPERTY #1 •The Gaoping phosphate rock deposit holds 58.1 million tons with a grade of 19.8% P2O5 according to the Hunan Chemical Geological Exploration Institute and are estimated to be worth $8.14 billion given a world price of $140 per ton in Oct. according to the World Bank. PROPERTY #2 •Shujiatai holds 36 million tons of phosphate rock grading at 17.5% P2O5 according to the Design and Research Institute of Hubei Jingxiang Phosphate Chemicals Industry Co. Ltd, worth an estimated $5.04 billion given a world price of $140 per ton in Nov. according to the World Bank. •As a result of these transactions, Sterling will have access to approximately 94 million tons of ore •Estimated extraction cost of less than $40/tonne •Plants require 3 nutrients to grow: nitrogen, phosphorous (from phosphate), and potassium (from potash) •Fertilizer use is essential to increasing crop yields, quality, and growth •Phosphate demand has recovered and is expected to grow by 3.1% in the near future •Global phosphate prices have begun to rise again after crashing in 2009. In November, the average price of phosphate rock increased 12% to $140/ton from $125/ton in September, and is still substantially below the 2008 record price of around $425/ton •China is transforming from an export economy into a consumer economy •China is the largest producer of Phosphate rock in the world and production continues to grow while US production is in decline •China uses nearly all of its phosphate rock production domestically, importing and exporting relatively little phosphate rock •By putting Gaopingand Shimeninto production, Sterling will benefit from the growth of China •Chinese per capita phosphate use lags the US at 8kg/person in China vs. 27kg/person in the US •Hongyuhas a mining permit valid until Nov. 10, 2014, which doesn’t need to be transferred siliconinvestor.com