Stockchase Opinions

Jean-Francois Tardif Potash North Resource PON-X BUY Jul 15, 2008

(Market Call Minute.) Potash is a good thing to own.
$1.520

Stock price when the opinion was issued

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TOP PICK
Potash. New listing on the TSX. Property is located between the 2 biggest potash mines in northern Saskatchewan. There are drill holes in it. Will develop a big resource here. Expect there will be focus on this company in the next 6 to 7 months. Got a 2nd permit today.
TOP PICK
Potash in Saskatchewan. Has been trading for just over a week. Potash is really on fire right now. You have to be careful. People that have made money will probably start taking money off the table. Wait for developments before buying.
COMMENT
Junior potash company. Not on stream for at least 7 or 8 years. Purely a play on the price of potash. Likes MagIndustries (MAA-X) as it will beat the other juniors to market by 3 years.
HOLD
Has free land. Not as attractive as others in the group, but can finance projects much better than others.
COMMENT
This one moves with the agricultural group. You can buy Claymore Global Agriculture E.T.F. (COW-T), which represents the agricultural group. Likes this group longer term. Thinks we are in early stages on this group and the industry has some very positive directions.
COMMENT
Very speculative. Has high profile investors/promoters. Did a financing at $2.50 with a warrant attached. A robust enough project but at such an early stage it could be vulnerable if the market doesn’t do well. On the other hand if the market turned around dramatically you have a nbice potential in a hot sector.
COMMENT
Smaller names in agriculture are going to be more volatile and riskier. He prefers Agrium (AGU-T) or Potash (POT-T) but a smaller name might have a small place in your portfolio.
HOLD
Has no trouble owning anything potash related right now. The right sector to be in.