I've been buying more as its been falling. The company can only produce once the rainy season is over so there may be some seasonality baked into the share price, but I'm of the opinion that the market is waiting to hear more sales contracts announced, along with a revised 43-101 with an expanded resource base.
It's a junior mining company and as such,it is a speculative play. See my updated piece on DuSolo for more information. Greater risk but if the company succeeds, far greater reward than that which will be attained by POT.
Good point Tim. PM's are commodities and suffer the cyclical fate no less than any other natural resource. In 2012 when PM's were at or near all time highs, being a gold bug was popular and people were rewarded with a loss of asset value for their failure to invest with a margin of safety.
Agree about water and fertilizer. The food situation is pretty dire for those spending over 40% of their income on it, along with the 800 million people living in food insecurity at the moment. The US has been fortunate to issue the world reserve currency and export inflation. Things may not be so rosy when when inflation comes back home to roost.
This US is going to see massive food price hikes as some of the most productive farm land is in areas that are in critical water scarcity. Biofuels are taking good food out of the system and this may need to stop if food prices are to remain low.
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DuSolo Fertilizers: Brazil's Best Agricultural Play
Hi Joe,
I've been buying more as its been falling. The company can only produce once the rainy season is over so there may be some seasonality baked into the share price, but I'm of the opinion that the market is waiting to hear more sales contracts announced, along with a revised 43-101 with an expanded resource base.
Feeding The World Whilst Lining Your Pockets - Dusolo Fertilizers
It's a junior mining company and as such,it is a speculative play. See my updated piece on DuSolo for more information. Greater risk but if the company succeeds, far greater reward than that which will be attained by POT.
DuSolo Fertilizers: Brazil's Best Agricultural Play
Thanks Tony! Much Appreciated!
It’s Not Getting Any Smaller? Delusions Of Gold Bugs
Good point Tim. PM's are commodities and suffer the cyclical fate no less than any other natural resource. In 2012 when PM's were at or near all time highs, being a gold bug was popular and people were rewarded with a loss of asset value for their failure to invest with a margin of safety.
Agricultural Assets - Are They Overvalued?
No problem Clark, glad you enjoyed it!
Agricultural Assets - Are They Overvalued?
Agree about water and fertilizer. The food situation is pretty dire for those spending over 40% of their income on it, along with the 800 million people living in food insecurity at the moment. The US has been fortunate to issue the world reserve currency and export inflation. Things may not be so rosy when when inflation comes back home to roost.
This US is going to see massive food price hikes as some of the most productive farm land is in areas that are in critical water scarcity. Biofuels are taking good food out of the system and this may need to stop if food prices are to remain low.