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Potash Corp BS
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Carl In Georgia
Posted 4/25/2009 06:10 (#692211 - in reply to #692073)
Subject: RE: Potash Corp BS



Ashburn, GA, (very close to Heaven!)

In our sandy soils the potassium hungry crops we grow, i.e. cotton and irrigated corn, we really pour out the potash. I remember grower price being as little as $100 (about 1986), which was probably undervalued. For years, even as prices increased some, it was still a reasonable buy.

Today, to us, it is seriously overpriced to the point near demand destruction.  While it has probably peaked, it is very painful.

I believe that PCS management is focusing on serving the stockholder, not such a bad idea, but it is their PRIMARY FOCUS, and has been for a couple of years. They tend to overlook employees a little too much from what I read here and there.

However, the MAIN focus that I see them neglecting is THEIR CUSTOMER!  This could haunt them as other suppliers come online.

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