Re: dennison
in response to
by
posted on
Jan 20, 2011 07:34AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Hi Tau..
Yes,DML is a buy at this level..China is starving for uranium ,coking coal,potash and iron ore..
I would suggest that the flooding in Australia has knocked them out of the game for the rest of this year and next..
Coking coal is priced once a year around April..This year it is $200.00 a ton.That is contract price..Spot prices are $350.00-$500.00 us A TON..i HAVE MADE MORE MONEY ON COAL THAN i HAVE EVER MADE ON GOLD..tHIS IS THE FIRST YEAR IN THE LAST 10 YEARS i DON'T HAVE ANY COAL STOCKS..tWO THAT i LIKE ARE wtn AND gce BOTH cANADIAN AND lots of coal..(Sorry for the caps)
Western Potash is my pick in this field..I have been in since .50 and will be buying a ton more soon.
WPX
Western Potash Corp. Commences the FeasibilityStudy Process at Milestone20 hours ago by Business Wire
I really like this part..
Milestone resource shows significant positive economics, and that the asset is of sufficient size and grade to support solution mining for more than forty years at a production rate of 2.5Mt/yr.
AMEC is a leading engineering firm that currently manages multiple potash expansion projects in Saskatchewan with a capital value of several billion dollars. AMEC was selected because of their technical expertise as engineers and EPCM contractors, as well as their experience in potash mine construction, potash processing and their expertise in producing potash feasibility studies. AMEC previously completed the Milestone Potash Project Scoping Study (the "Study") as reported via press release dated September 20, 2010. The Study confirmed that the
AMEC is a leading engineering firm that currently manages multiple potash expansion projects in Saskatchewan with a capital value of several billion dollars. AMEC was selected because of their technical expertise as engineers and EPCM contractors, as well as their experience in potash mine construction, potash processing and their expertise in producing potash feasibility studies. AMEC previously completed the Milestone Potash Project Scoping Study (the "Study") as reported via press release dated September 20, 2010. The Study confirmed that the Milestone resource shows significant positive economics, and that the asset is of sufficient size and grade to support solution mining for more than forty years at a production rate of 2.5Mt/yr. Work by AAI will update the current NI 43-101 Technical Report titled "Updated Technical Report Concerning Mineral Resource Estimates Subsurface Mineral Permits KP 408 and KP 409, Saskatchewan", dated July 12, 2010 and filed on SEDAR on July 16, 2010 (the "Report"). AAI has extensive experience in solution mining, resource characterization and preparation of 43-101 Technical Reports on Potash Resources. AAI's experience includes work for Intrepid Potash Inc. in the US, Rio Tinto and Vale at the PRC project in Argentina, and for several prospective potash projects located in Saskatchewan. So ilke these ones.. Take your pick..Let me know how you make out. Portee