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Message: New Year ..New thoughts...

New Year ..New thoughts...

posted on Dec 29, 2007 04:25AM

With the Richardson's ties to the agriculture (Where they started 10,000 years ago) I would not be surprised one little bit that with their connections in Sasketchawan,that Kodiak could well be in the potash mining business one day...Potash is used for agriculture fertilizer and SASK.has the biggest mines in the world..

That could triple the share price of KXL overnight on an anouncement like that...This game is in its infancy..Mining gold...mining potash///mining MONEY..

This is an excerpt from.Patricia Mohr..

...

 

Potash prices will almost certainly strengthen further in early 2008," Mohr said. "China faces much higher potash prices from Western Canada, at least US$125-$150 per tonne, when its annual contract is renegotiated with Canpotex for 2008."

China's contract price, set in early 2007, is about US$190 below the current maarket.

The three crops using the most potash per hectare planted are palm oil, sugar cane and corn - all benefiting from surging global interest in biofuels.

Hard coking coal prices will also outperform in early 2008, the bank says.

"In annual contract negotiations with Japanese steel mills, western Canadian premium-grade hard coking coal is expected to jump from US$94 per tonne to $140 for 2008, beginning in April, surpassing the previous $125 peak in 2005."

 

I doubt if they would do coal but potash is a possibility..

Long KXL and Happy New Year.

 

 

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