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    eröffnet am 28.12.07 09:03:10 von
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      schrieb am 28.12.07 09:03:10
      Beitrag Nr. 1 ()
      TSX: Symbol API



      SASKATOON, SASKATCHEWAN (Marketwire - Dec. 13, 2007)

      NOT FOR DISSEMINATION IN THE UNITED STATES

      Athabasca Potash Inc. ("Athabasca") (TSX:API) is pleased to announce the completion of its initial public offering (the "Offering") of 10,140,000 common shares at a price of CDN$4.25 per share, for gross proceeds of CDN$43 million. Athabasca's common shares begin trading today on the TSX under the symbol "API".

      The Offering was sold through an underwriting syndicate that was co-led by Genuity Capital Markets and National Bank Financial Inc., and included TD Securities Inc., Wellington West Capital Markets Inc. and Research Capital Corporation. Athabasca has granted the underwriting syndicate an over-allotment option to purchase up to 1,521,000 common shares at the price of CDN$4.25 per share. The option is exercisable, in whole or in part, within the next 30 days to cover over-allotments if any, and for market stabilization purposes. If the option is exercised in full, gross proceeds of the Offering will be CDN$49.6 million.

      Athabasca intends to use the net proceeds of the Offering to complete an exploration program, a scoping study and a pre-feasibility study on its Burr project property, located in Saskatchewan, Canada, to acquire additional free-hold mineral and surface land property, to fund permit maintenance payments, and to fund exploration programs on the Company's additional properties. The remaining proceeds will be used for general corporate purposes.

      Athabasca was founded with a goal of establishing itself as a pre-eminent Canadian public company engaged solely in potash exploration and development, and to provide its shareholders with a unique investment opportunity focused entirely on potash.

      For further information, please review Athabasca's Final Prospectus filed on http://www.sedar.com.

      This news release is not intended for and should not be disseminated to or read by any resident of the United States or any U.S. person. The offered securities have not been and will not be registered under The United States Securities Act of 1993, as amended (the "U.S. Securities Act") and may not be offered or sold within the United States or to or for the account or benefit of U.S. persons, except in certain transaction exempt from the registration requirements of the U.S. Securities Act and all applicable state securities laws.

      Website http://www.athabascapotash.ca/
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      schrieb am 28.12.07 13:36:20
      Beitrag Nr. 2 ()
      Wow, da kann man wohl wirklich von einem gelungenem Start sprechen!


      Hier mal die Projektbeschreibungen:

      "The Burr Project

      The Burr Project is a potash exploration project located 107 kilometres east of Saskatoon, Saskatchewan and is adjacent to PCS’ Lanigan potash mine. API’s exploration permit to prospect for subsurface minerals within the Burr Project covers an area of approximately 75,007 acres (or 30,378 hectares). Six historic drill holes, totaling 6,021 metres in length, were drilled on the Burr Project between 1956 and 1959. Five of these drill holes encountered four horizons — known as ‘‘members’’ — of potash-rich mineralization. Based on these historic drill results, the following inferred mineral resource was estimated for the Lower Patience Lake Sub-member on the Burr Project in accordance with the standard of the Canadian Institute of Mining, Metallurgy and Petroleum (‘‘CIM’’) and National Instrument 43-101 — Standards of Disclosure for Mineral Projects (‘‘NI 43-101’’) in March 2007:

      Polygonal Resource Tabulation of Inferred Mineral Resources of the Burr Project (1)(2)(3)

      Hole
      Radius
      (km)
      API Polygon
      Net Volume
      Bulk Density
      Net Tonnage
      Thickness of Intersection (m)
      K2O
      (%)
      Mg Total
      (%)
      Acid
      Insolubles (%)

      Burr#1
      1.5
      10,400,000
      2.08
      21,600,000
      4.29
      25.58
      -
      -

      Attica
      1.5
      7,100,000
      2.08
      14,800,000
      4.06
      24.79
      0.574
      2.945

      Loyola
      1.5
      2,900,000
      2.08
      6,000,000
      4.39
      24.71
      0.505
      2.301

      Casey
      1.5
      4,600,000
      2.08
      9,600,000
      3.87
      25.24
      0.529
      2.498

      Sinnett
      1.5
      10,300,000
      2.08
      21,400,000
      4.77
      26.74
      0.451
      2.002

      Total
      73,400,000
      25.64(1)
      0.510(1)
      2.400(1)



      Notes:
      (1) A reasonable prospect of economic extraction of potash from the Burr Project for purposes of this Inferred Mineral Resource estimate was assisted by an order of magnitude estimate of the capital cost and development schedule to bring a 2,000,000 product tonne per year potash mine and process plant from feasibility study to full production for the Burr Project in the order of $2.033 billion, assuming an underground ore grade of between 24% and 26% K2O, taking an estimated seven to 7.5 years to develop. No engineering studies were included in the order of magnitude estimates and assumptions were made as to the similarity of the Burr Project to similar potash deposits and mines found in Saskatchewan.
      .
      (2) The Salt Back for the Lower Patience Lake Sub-member is considered to include the Upper Patience Lake Sub-member and the interbed salts between the Upper and Lower Patience Lake Sub-members.
      .
      (3) A cut-off grade of 15% K2O over a three metre minimum mining width for this Inferred Mineral Resource Estimates was based on generally accepted industry practice and experience with underground mineable potash deposits in Saskatchewan. The following assumptions were applied for purposes of calculating this cut-off grade: (i) mining and processing costs of $50 per tonne of KCl produced; (ii) transportation costs of $50 per tonne of KCl delivered to Vancouver; (iii) minimum mining width of three metres; (iv) metallurgical recovery of 85%; and (v) long term potash prices of $132 per tonne of KCl FOB Vancouver (4) Potash Mineralization intersections grading at least 15% K2O. Tonnages are net of deductions for collapse structures possibly located between seismic lines (14%), extraction ratio (40%) and Freehold Mineral Rights.

      Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability, but do have reasonable prospects for economic extraction. Inferred Mineral Resources are estimated based on limited information not sufficient to verify geological and grade continuity and to allow technical and economic parameters to be applied. Inferred Mineral Resources are too speculative geologically to have economic considerations applied to them to enable them to be categorized as Mineral Reserves and there is no certainty that Inferred Mineral Resources will be upgraded to Mineral Reserves through continued exploration.

      Promising Geological Attributes
      Results from historic drilling on the Burr Project suggest the presence of a number of promising geological attributes. For example, Inferred Mineral Resources for the Burr Project have an estimated grade of 25.64% K2O. By comparison, the reported grades of estimated Proven and Probable Mineral Reserves from a number of nearby producing Saskatchewan potash mines operated by PCS are as follows:

      Mine Average Grade K2O%(1)
      ____________________________________________________________________________________________________________________
      PCS —Cory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25.1%
      PCS —Allan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25.9%
      PCS —Lanigan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22.0%
      _____________
      Note:
      (1) Proven and Probable Mineral Reserves are diluted, estimated over mineable widths and have economics applied to them. Inferred Mineral Resources, such as estimated for the Burr Project, are undiluted, not estimated over mineable widths and have not been subjected to any economic considerations.
      Source: PCS

      In addition, the average thickness of the Lower Patience Lake Sub-member encountered by historic drilling on the Burr Project is 4.22 metres, which is economically significant and in excess of the minimum mineable width for cut-off purposes of 3.0 metres. The average thickness of the Lower Patience Lake Sub-member being mined at the adjacent Lanigan mine is reported as 4.88 metres. However, the thickness of the potash horizon between these two projects is not directly comparable, because economic considerations have been applied to the mined thickness at Lanigan which will result in a narrower reported thickness than that intersected by historic drilling on the Burr Project, which has not been subject to economic considerations.

      Historic drill holes on the Burr Project also have intersected a favorable Salt Back above the Lower Patience Lake Sub-member, which combined with the Upper Patience Lake Sub-member and the interbed salts between the Upper and Lower Patience Lake Sub-members, averages 18.96 metres in thickness. A thick Salt Back is essential to establish a support roof for underground potash mining, as it seals the back of the mine against collapse of the clay-rich sediments above and water penetration. A Salt Back of nine to 15 metres is desireable depending upon the quality and competency of the bedded salts and the clay content and distribution. Further review of the Salt Back on the Burr Project will be required to determine if it is thick enough, competent and does not contain too much clay or clay seams that would weaken the support roof.

      Exploration and Mineral Resource Expansion Potential
      API seeks to expand and upgrade its estimated Inferred Mineral Resource base at the Burr Project through its drill program conducted between July 7, 2007 and September 4, 2007. API drilled five new holes totaling 5,617 metres in the areas of the Burr Project where 2D seismic survey results indicated favourable potash mineralization or possible geological conditions. API is awaiting assay results from these drill holes, which are expected in late December 2007."


      "Other Projects

      Mineral Property Held by API

      In addition to the Burr Project, API holds exploration permits over ten additional properties in Saskatchewan. In aggregate, API holds permits covering approximately 937,341 acres (or 379, 623 hectares), which constitutes the second largest mineral permit area relative to other potash companies in Saskatchewan.

      API plans to conduct exploration programs, consisting of reviewing historical drill core (if available), 2D seismic surveying and new drilling on these and additional projects starting in 2009."


      Weisst Du, wieviel Aktien vollständig(fd) ausgegeben sind??
      Avatar
      schrieb am 01.01.08 20:36:05
      Beitrag Nr. 3 ()
      "What is Potash?
      The word "potash" is derived from the Dutch word Potasch, and originally referred to wood ash. Potassium carbonate, a basic chemical of pre-modern times, was extracted from it. Today potash refers to potassium compounds and potassium-bearing materials, the most common being potassium chloride (KCl). The term "potash" comes from the pioneer practice of extracting potassium fertilizer (K2CO3) by leaching wood ashes and evaporating the solution in large iron pots.

      Potash, or carbonate of potash, is in fact a mixture of potassium salt with impure form of potassium carbonate (K2CO3). In other words, it is the common term used for the fertilizer forms of the element potassium (K).

      Potassium occurs abundantly in nature, being the 7th most common element in the earths crust. Some clay minerals which are associated with heavy soils are rich sources of potassium.

      Potash bearing rock deposits occur in many regions of the world. They are derived from the minerals in ancient seas dried up millions of years ago. Fertilizer potash is mostly derived from these potash rocks. It requires only separation from the salt and other minerals.

      Functions of Potash

      Potassium fulfills numerous vital functions in various processes in plants, animals and humans. For adequate nutrient supply of potassium, soil reserves are essentially required, which commonly contain more potassium than any other nutrient, including nitrogen.

      For an adult human being, approximately 2 gram of K is required per day and the typical intakes are 2.8-4.5 grams/day. One good thing about potash is that there are no health risks associated with this element. The rich sources of this nutrient in human diet are milk, fruit juice, root vegetables and bananas.

      Potash is one of the three most important nutrients to plants, which are nitrogen, phosphorus and potassium.

      Uses of Potash

      Potash has three main uses: fertilizer, feed supplements and industrial processes. 95% of world's potash is used in fertilizers, while the rest is used for feed supplements and industrial production.

      Potash is a key ingredient in fertilizers that enhances water retention of plants, increases crop yields and plants' disease resistance. In feed supplements, the key function of potash is to contribute to animal growth and milk production. Potash is also used to produce glass, ceramics, soaps etc."
      Avatar
      schrieb am 11.01.08 11:00:54
      Beitrag Nr. 4 ()
      Pottasche brummt, keine Frage. Die Ressourcen sind begrenzt und sind nach meiner Kenntnis fast nur in Kanada nennenswert (vgl. Kursentwicklung Potash of Sasketchewan)vorhanden. Vermutlich reitet die Neuemission mit dem Ausgabekurs darauf. Hat jemand mal die Seriosität des Ausgabekurses unter die Lupe genommen? Haben wir vielleicht nur heiße Luft?
      Was ist im Vergleich hierzu Potash One oder Arab Potash?
      Avatar
      schrieb am 11.01.08 14:13:13
      Beitrag Nr. 5 ()
      Antwort auf Beitrag Nr.: 33.016.955 von Andrija am 11.01.08 11:00:54Ich habs nur ausgegraben - keine Zeit für vernünftiges Research ... :)

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      schrieb am 19.05.08 11:30:59
      Beitrag Nr. 6 ()
      Antwort auf Beitrag Nr.: 33.016.955 von Andrija am 11.01.08 11:00:54
      Hast Dich schon schlau gemacht?
      Avatar
      schrieb am 19.05.08 13:04:55
      Beitrag Nr. 7 ()
      Antwort auf Beitrag Nr.: 34.123.040 von VeuveClicquot am 19.05.08 11:30:59...man kommt nicht wirklich weiter.
      Ich bin nicht der Potash Experte. Von meinen "Kanadiern" vor Ort weiß ich nur, dass das keine Luftnummer ist. Viele Natives aus Saketchewan haben wohl selbst gezeichnet. Angeblich gibt es nicht so viele Lagerstätten weltweit und das Athabaskabecken soll weltweit die beste Güte aufweisen. Weltmarktführer Sakatchewan Potash hat Ihre Lagerstätten auch dort. Ich kann aber in keinem Fall einschätzen, ob die was finden (angeblich schon alles nachgewiesen)und ob die Förderkosten/porgnostizierten Erträge im Verhältnis zur Marktkapitalisierung stehen.
      Die Kurse für Kali sind allerdings inzwischen schon abenteuerlich (vgl K+S). Ich glaube eher an eine Rücksetzer; bei Athabasca ist aber noch eher Spekulation im Kurs. Wenn ich noch Potash kaufen würde, dann wohl die.
      Hoffe, ich konnte ein bißchen helfen.


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