Potash Stocks

Lets keep our eyes peeled for Intrepid Potash IPO on the Nasdaq.

Intrepid Mining LLC has become the largest producer of potash (potassium chloride) in the United States. In addition, it produces three valuable byproducts: Solar Salt, Magnesium Chloride brine and Sulfate of Potash Magnesia.

Headquartered in Denver, Colorado, Intrepid Mining LLC has two production facilities in Utah and three in New Mexico. These subsidiaries are named: Intrepid Potash Moab, Intrepid Potash Wendover, and Intrepid Potash New Mexico. These companies collectively employ approximately 650 people, have gross revenues of approximately $250 million and pay significant royalties to the BLM and both the States of New Mexico and Utah.
 
Quote from cgtrader:

Lets keep our eyes peeled for Intrepid Potash IPO on the Nasdaq.

Intrepid Mining LLC has become the largest producer of potash (potassium chloride) in the United States. In addition, it produces three valuable byproducts: Solar Salt, Magnesium Chloride brine and Sulfate of Potash Magnesia.

Headquartered in Denver, Colorado, Intrepid Mining LLC has two production facilities in Utah and three in New Mexico. These subsidiaries are named: Intrepid Potash Moab, Intrepid Potash Wendover, and Intrepid Potash New Mexico. These companies collectively employ approximately 650 people, have gross revenues of approximately $250 million and pay significant royalties to the BLM and both the States of New Mexico and Utah.
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good info, thanks - nice for a quick play.
 
Quote from hedgeking:

lol you want to buy potash stocks when there up 20 fold in 5 years? pot has near a 50 bil cap and trades at 52 p/e. a frinkin cylical stock trading at 52 times 5 years of booming earnings. i could understand 50times depressed earning but 50 times earnings that have boomed is just insane. yes i know pots earnings will double in 2008 but it means nothing as the market smells out a top in earnings
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I think with POT hitting new highs everyday it is about time to eat your words on this one.
 
Quote from hedgeking:

lol you want to buy potash stocks when there up 20 fold in 5 years? pot has near a 50 bil cap and trades at 52 p/e. a frinkin cylical stock trading at 52 times 5 years of booming earnings. i could understand 50times depressed earning but 50 times earnings that have boomed is just insane. yes i know pots earnings will double in 2008 but it means nothing as the market smells out a top in earnings.
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Time to stalk this one. I'm looking for a reversal.
 
"As food prices rise, fertilizer producer Mosaic Co. is cashing in. And despite the massive runup in its shares, they actually look underpriced.

....
Indeed, Mosaic's earnings are growing so rapidly that the stock looks underpriced despite the massive run-up. Its forward P/E--the ratio of Mosaic's stock price to next four quarters of projected earnings per share--now stands at 14. That's a shade lower than the forward P/E of the S&P 500 (whose collective earnings are projected to be up only 7%, vs. 160% for MOS). It also represents a discount to ag-sector peers Syngenta (SYT) (18 P/E), Potash Corp. of Saskatchewan (POT) (18), and Monsanto (MON, Fortune 500) (30)."


http://money.cnn.com/2008/04/28/news/companies/mosaic.fortune/
 
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