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more consolidation
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Farmpond
Posted 12/4/2007 09:46 (#252347 - in reply to #251932)
Subject: Re: more consolidation


Most of the land that can be mined in Canada has rights already sold to Potash Corp. Sat in on a fert forecasting meeting and was told that Potash Corp. could easily supply north america for centuries with the rights that they have for mining but Potash Corp says that it will wait for potash to almost double before they even think of developing those areas. They have one hell of a monopoly on the potash market. If i remember right over 90% of all potash worldwide comes from them.
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