Anglo Potash Ltd (AGP.V)

(A Top Pick Feb 21/08. Take out and he was up 37.5%.)

Junior potash play, adjacent to the big guys in Saskatchewan. Won’t be in production for about 5 years however it is in a joint venture with BHP Billiton (BHP-N). Potash is the one hot mineral that Billiton does not have and the easiest thing for them to do would be to buy the company and do it themselves. Also, if you value this company like you do potash you have an asset value of about $12.

Fertilizer is a very glamorous area. BHP Billiton’s (BHP-N) interest is fantastic as they have a financial backer for digging this stuff out. It is a huge capital expenditure in Saskatchewan. The negative aspect is that it would have to be on Billiton’s agenda and he is not sure that it would be on that agenda. A tremendously important to speculation.

In the world's great potash area outside Saskatoon. 25% holder of a vast asset along with BHP Billiton (BHP-N). You have to be careful, as there are not many shares. Buy it patiently on any weakness.

Potash play in Saskatchewan. About 6 or 7 juniors bought up land that wasn't owned by Mosaic (MOS-N) and Potash (POT-T). This stock has good upside. One of the best ways to play potash. BHP Billiton (BHP-N) is the partner and has 75% of the project, which means there are deep pockets for them.