By Tanya Laing
The biggest news coming out of Saskatchewan's mining and exploration industry is potash, and Paul Matysek, CEO of Potash One, said demand for the resource will only continue to grow-both literally and metaphorically.Matysek has a long history in mining, development and exploration. A geologist by training, Matysek has been involved in the industry since 1977."I've been blessed with a really nice career," said Matysek, citing companies such as First Quantum Minerals-which developed copper deposits in Zambia-First Majestic Resources and his most recent venture before Potash One, Energy Metals Corporation. "I took (Energy Metals) from about $1 million market cap and I sold it for about $1.8 billion about three years later. It became quite the success story."
Now, Matysek is turning his attention to potash, which he sees as having tremendous potential on the global market. "It's really demand driven," he said, "because it's food driven."
The consumption of potash has grown particularly because of the rise of the middle class in Asia and India. When Matysek first developed an interest in potash, the price was around $180 a tonne. His interest was piqued; he knew that the world's largest deposit of potash was in the evaporate basin in Saskatchewan.
To continue reading this article - Click HereFor a Detailed Quote on Potash One Inc. (KCL:TSX) - Click Here
For Investor Relations Contact:
KIN COMMUNICATIONS INC.Suite 210 - 736 Granville StreetVancouver, BC V6Z 1G3T 604.684.6730 F 604.684.6740Toll Free 866.684.6730ir@kincommunications.com
www.kincommunications.com
To ensure you are receiving our emails please add ir@kincommuniations.com to your address book.
Potash One is a development stage company based in Canada.
Its main asset in development is LEGACY POTASH in Canada.