Dear Shareholders and Friends,
In a recent interview with Streetwise Reports Weiss Research Natural Resources Analyst Sean Brodrick commented on Passport Potash. Domestic demand for fertilizer is good news for small, U.S. potash producers and in this exclusive interview with
The Energy Report, Sean explains the international market forces behind agriculture-related stocks and points to the companies that could benefit in the long term.
Sean travels far and wide seeking out investment values, primarily among the small-cap and micro-cap players. He edits Weiss Research's
Crisis Profit Hunter and Red-Hot Global Resources, as well as making regular contributions to Uncommon Wisdom Daily. He is also a contributing columnist to Dow Jones MarketWatch and a frequent commentator on one of Canada's premiere financial websites, HoweStreet.com. Sean's expertise has led to many financial talk show appearances, including CNBC Squawk Box, Fox Business, CNN, The Glenn Beck Program, Your World with Neil Cavuto and Bloomberg Market Line. We thought you'd be interested in reading Sean Brodrick's comments on Passport Potash. Scroll Down to see these comments.
Regards,
Joshua Bleak
President & CEO, Director
Sean Brodrick's Comments: Sean Brodrick: Another one I like is Passport Potash. . .it is a developer in Arizona with a great project near the American heartland. The company is doing more drilling, moving it along. I think the dominos are lining up. Passport is moving down the path to production of a million tons a year. This company is in a good position to do pretty well, but it has to get into production first.
TER: Passport Potash announced some initial drill results recently.
SB: Yes, they did and boy, they were good. Preliminary results from two core holes showed significant potash deposits at relatively shallow depths. The company intersected 9.5 feet of 12.29% KCL. Some parts were actually richer. More results should be coming in over the summer. As they report those, maybe the market will take a second look. . .the payoff could be much higher, especially if the company attracts the attention of one of the big boys, which I believe is going to happen down the road. Then I think Passport could do very well. We could see this thing jump quite nicely. Remember, Passport won't be ripping up a huge hole in the desert with big trucks. This is planned as an in-situ leaching project. Passport will pump solution in one side of the field through the potash deposit and filter it out the other side. So, you don't move a lot of dirt. That makes it easier to get environmental approvals.
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