Tags » Ethiopian Potash

Ethiopian Potash on the brink of collapse

The recent newsflow out of Ethiopian Potash Corp. is simply bewildering (see here and here for examples). It has been clear to investors that the company is in a chaotic state. 210 more words

Trading Desk

Sino-Forest analyst departing Dundee

The man who famously called Muddy Waters Research a “pile of crap” is leaving Dundee Capital Markets.

Richard Kelertas was one of the only people on Bay Street who dared to come to the defence of Sino-Forest Corp. 132 more words

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Chaos continues at Ethiopian Potash

It has been an unusual few weeks at Ethiopian Potash Corp., to say the least. First came the very public confrontation with a former employee. And on Wednesday, the junior miner said that its chief executive has… 123 more words

Trading Desk

Ethiopian Potash downgraded to sell

Ethiopian Potash Corp. was downgraded to sell from under review at Mackie Research as a result of the company’s cash position, its burn rate, and the option agreement under which it can acquire the rights to the Danakil property. 212 more words

Trading Desk

Bizarre junior mining feud confuses investors

It started with the above press release.

Then the company, a junior miner called Ethiopian Potash Corp., responded with this one.

It is highly irregular for an individual to issue his own press release through Canada Newswire when departing a company, as Bruce Cumming did this week. 260 more words

Trading Desk

Reviewing cash burn rates for junior potash firms

When market turmoil increases, it can be almost impossible for junior mining companies to raise any money (see 2008, for example). Given the uncertainty in the air today, Mackie Research analyst Jaret Anderson decided that this is a good opportunity to review the cash positions of junior potash companies and see who is best equipped to get through a bear market. 236 more words

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