Saskatchewan Potash Basin
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Message: Price support for PON?

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drbob512
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Price support for PON?

posted on Jun 27, 08 06:13AM

The offering was at 2.50/unit, so some support might come in near 2.50, but there is a gap below at around 2.20-2.25/sh that could get filled.

I have been nibbling but might have to wait while underwater if it fills that gap.

Longer term, PON has a chance due to the ability to raise money and the company's connectedness to institutions.

Would like to see light volume during this decline,

drbob

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