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IC Potash Corp. Message Board

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  • lsherwood95 lsherwood95 Mar 31, 2012 6:20 PM Flag

    salt & pepper please

    I am also wondering why the stategic investors have paid $1.30 per share when it is currently trading at .90 per share. This investment of 40 million is a very good sign though and gives IC Potash one of the largest cash positions of any potash junior. I wouldn't be too worried about this stock being a scam, I know it trades on the pink sheets in the US, but here in Canada it trades on the Toronto Stock Exchange. I am planning to buy right away Monday morning based on the logic that if their strategic investors are willing to pay $1.30 per share, the share price should move up alot over the next week. Just my opinion though. Good luck.

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    • announcement of money coming in a good sign ...... after i looked at company forecasts appears that the key point is acceptance of EIS by BLM.

      EIS acceptance precedes:
      1) conversion of prospecting licenses into production licenses
      2) begin s mine/plant construction (2yr process),,,,

      You Canadians should count your blessings .....Toronto exchange trading no comparison to the haircuts and games played trying to buy down here off pink sheets

 
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