Small, potash play in Ethiopia. Stock is bouncing all over the place. Potash prices are probably not high enough to have someone come in and spend all the capital needed to bring it into production.
Company is fine but generally the potash market has not responded as well as the other fertilizer markets. There are also geopolitical risks. Potash is probably due for a bit of a bounce but will probably be short lived because of less supplier discipline than has been in the past.
Allana Potash Corp is a OTC stock, trading under the symbol AAA-T on the (). It is usually referred to as or AAA-T
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0 stock analysts on Stockchase covered Allana Potash Corp In the last year. It is a trending stock that is worth watching.
On , Allana Potash Corp (AAA-T) stock closed at a price of $.
The potash deposit this company has is fabulous. He’s been cautious on all Junior companies in this environment. You may have the greatest deposit in the world, but if you need financing, you may have to issue new stock. There is also the political risk.