Thursday
Jun112009
Potash and the Blairmore Ring
Thursday, June 11, 2009 at 12:05PM
I was twittering up a storm yesterday. After an analyst tour with Hathor Exploration (HAT.V), I had some quiet time at the Saskatoon John G. Diefenbaker International Airport. This gave me a chance to check out the Potash Corp. (POT.TO) sponsored Blairmore Ring. In Saskatchewan, sinking large potash shafts requires sealing off a major aquifer at a depth of 400-600m, the Blairmore Formation. This was done by first freezing the formation and then installing large steel ring to seal off the water.
There is no shortage of potash but many companies are trying to capture the opportunity presented by higher prices.
The people of Saskatoon know who "butters their bread" as there is also a mural at the airport sponsored by Cameco.
There is no shortage of potash but many companies are trying to capture the opportunity presented by higher prices.
The people of Saskatoon know who "butters their bread" as there is also a mural at the airport sponsored by Cameco.
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