EML
ELECTRIC METALS
stock CVE

The best comparable I could come up with is Emmerson PLC's (LSE: [EMM](https://finance.yahoo.com/quote/EML.L/)) potash operation in Morocco - with a JORC of 537 Mt at 9.24%.
[https://www.emmersonplc.com/](https://www.emmersonplc.com/)
American Potash Corp (CSE: [KCL](https://finance.yahoo.com/quote/KCL.CN/), OTC: [APCOF](https://finance.yahoo.com/quote/APCOF/)) - which has a 43-101 estimate of 600 million to 1 billion tonnes of high grade potash (24% - 29%!!) - this report was prepared by globally trusted engineering firm Agapito Associates.
[americanpotash.com](http://americanpotash.com)
**Value comparison:**
**Emmerson PLC had a market capitalization of \~$80 million** prior to running into environmental issues with the Moroccan government. They are now entering arbitration with an international court, which could take several years and millions of dollars to resolve.
**American Potash Corp**, **has a market cap of \~<$10 million CAD**, but has long awaited permits in hand, INCLUDING a designated potash processing area on their property!
Even more interesting: Intrepid's (NYSE: [IPI](https://finance.yahoo.com/quote/IPI/)) potash operation, mining it for 50 years, is about a 20 minute drive from American Potash's Green River property - so the local infrastructure and precedent for mine approval will make the roadmap to production that much easier for KCL.
The fact that America imports over 95% of its potash from Canada, and only 1 mine in operation in the U.S., being depleted, makes the investment case for KCL very. very. strong.
Not to mention population growth and depleting supplies.
Timing for KCL couldn't be better - and they are led by a team with a track record of success in taking a resource from discovery to mining.
This market cap of under $10 million is ridiculous IMO, and only at this level because the story has largely been forgetten due in large part to over a decade of mismanagement by previous company management, which have delayed the permitting process.
The story is about to be told to the world.
I think we are in for a big ride here with potential for 3x - 10x in the coming 3, 6, and 12 months!
Final thought: Potash spot prices are trading near a 4 year low and the tide is turning back toward a bull market. This could spark a rush of speculation into potash developers who are at the cusp of major discoveries - another feather in KCL's hat.
https://preview.redd.it/om7r0w0fz05e1.png?width=1254&format=png&auto=webp&s=2ec6acd42530d8e173131cec61f8988d7e3c596a
https://preview.redd.it/l20cjejgz05e1.png?width=1276&format=png&auto=webp&s=f34c04b05d179bd76f070314926a268b567e37d1

The best comparable I could come up with is Emmerson PLC's (LSE: [EMM](https://finance.yahoo.com/quote/EML.L/)) potash operation in Morocco - with a JORC of 537 Mt at 9.24%.
[https://www.emmersonplc.com/](https://www.emmersonplc.com/)
American Potash Corp (CSE: [KCL](https://finance.yahoo.com/quote/KCL.CN/), OTC: [APCOF](https://finance.yahoo.com/quote/APCOF/)) - which has a 43-101 estimate of 600 million to 1 billion tonnes of high grade potash (24% - 29%!!) - this report was prepared by globally trusted engineering firm Agapito Associates.
[americanpotash.com](http://americanpotash.com)
**Value comparison:**
**Emmerson PLC had a market capitalization of \~$80 million** prior to running into environmental issues with the Moroccan government. They are now entering arbitration with an international court, which could take several years and millions of dollars to resolve.
**American Potash Corp**, **has a market cap of \~<$10 million CAD**, but has long awaited permits in hand, INCLUDING a designated potash processing area on their property!
Even more interesting: Intrepid's (NYSE: [IPI](https://finance.yahoo.com/quote/IPI/)) potash operation, mining it for 50 years, is about a 20 minute drive from American Potash's Green River property - so the local infrastructure and precedent for mine approval will make the roadmap to production that much easier for KCL.
The fact that America imports over 95% of its potash from Canada, and only 1 mine in operation in the U.S., being depleted, makes the investment case for KCL very. very. strong.
Not to mention population growth and depleting supplies.
Timing for KCL couldn't be better - and they are led by a team with a track record of success in taking a resource from discovery to mining.
This market cap of under $10 million is ridiculous IMO, and only at this level because the story has largely been forgetten due in large part to over a decade of mismanagement by previous company management, which have delayed the permitting process.
The story is about to be told to the world.
I think we are in for a big ride here with potential for 3x - 10x in the coming 3, 6, and 12 months!
Final thought: Potash spot prices are trading near a 4 year low and the tide is turning back toward a bull market. This could spark a rush of speculation into potash developers who are at the cusp of major discoveries - another feather in KCL's hat.
https://preview.redd.it/om7r0w0fz05e1.png?width=1254&format=png&auto=webp&s=2ec6acd42530d8e173131cec61f8988d7e3c596a
https://preview.redd.it/l20cjejgz05e1.png?width=1276&format=png&auto=webp&s=f34c04b05d179bd76f070314926a268b567e37d1