Al's Insights – Fri 13 Apr, 2012

Passport Potash on BNN

I will be going down to Arizona next week for my second visit to the Passport Potash property and for a meeting with the entire Board.

This video features David Salisbury, the Chairman of the company.

To watch the vido click here.

Let me know what you think.

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  1. On April 13, 2012 at 12:52 pm,
    Kenneth Nyeste says:

    Hopefully David will be more informative to shareholders with timely announcements and company happenings and initiatives, rather than being kept in the dark like we were for most of 2011. It would be useful if you could pass this on to him, or to whom it may concern. Thanks.

    • On April 14, 2012 at 8:30 am,
      Big Al says:

      You bet I will, Mr. Nyeste!

      Big Al

      • On May 8, 2012 at 11:21 pm,
        Nicol says:

        I’ve watched you sturlgge with this, I wish there were more I could do, but i’m behind you all 100% giving it your all, and probably your 110% hang in there I hope the hearings go well.

  2. On April 13, 2012 at 1:00 pm,
    cfs2000 says:

    Latest TA:

    PPI.V – Passport Potash Inc (TSXv)

    Date Open High Low Last Change Volume % Change
    04/13/12 0.2700 0.2700 0.2600 0.2650 unch 50900 unch%

    Composite Indicator
    Trend Spotter TM Sell

    Short Term Indicators
    7 Day Average Directional Indicator Buy
    10 – 8 Day Moving Average Hilo Channel Hold
    20 Day Moving Average vs Price Sell
    20 – 50 Day MACD Oscillator Buy
    20 Day Bollinger Bands Hold

    Short Term Indicators Average: 20% – Buy
    20-Day Average Volume – 368850

    Medium Term Indicators
    40 Day Commodity Channel Index Hold
    50 Day Moving Average vs Price Sell
    20 – 100 Day MACD Oscillator Buy
    50 Day Parabolic Time/Price Buy

    Medium Term Indicators Average: 25% – Buy
    50-Day Average Volume – 309006

    Long Term Indicators
    60 Day Commodity Channel Index Hold
    100 Day Moving Average vs Price Sell
    50 – 100 Day MACD Oscillator Buy

    Long Term Indicators Average: – Hold
    100-Day Average Volume – 592979

    Overall Average: 8% – Buy

    Price Support Pivot Point Resistance

    0.2650 0.2550 0.2650 0.2750

    • On April 14, 2012 at 8:31 am,
      Big Al says:

      Morning CFS,

      Thanks for this,

      Big Al

  3. On April 13, 2012 at 1:28 pm,
    Dan says:

    Hey Big Al, Passport just recently released it first 43-101. It is a good start as this represents only 40% of their land holdings I believe. What are your thoughts on NGM?—- who should be releasing an updated 43-101 on their Garrison Gold Property soon. I thought it would be out by now but hopefully soon. Many believe the updated 43-101 will be substantial.

    • On April 14, 2012 at 8:32 am,
      Big Al says:

      Morning Dan,

      I will definitely have more on this next week when we get back from Arizona.

      Big Al

  4. On April 13, 2012 at 3:55 pm,
    Alan in Vancouver says:

    Considering how destroyed the junior resource stocks have been, actually Passport Potash is beginning to show a little relative strength. Of course, its still down considerably over the last year but its been consolidating nicely since December while many others have broken below their december lows in the last week.
    When the Juniors finally decide to have a decent sustained rally, I think companies like PPI will outperform as they do have a valuable asset and one in which there is great eagerness in the State to progress into a job creating machine.

    • On April 14, 2012 at 8:33 am,
      Big Al says:

      I would agree Alan,

      Big Al

    • On May 9, 2012 at 12:26 am,
      maia says:

      Just found out on the internet that the caidanan provincial ministry of natural resources relocated the town of lemieux Ontario because of high risk sinkholes now this is at the natural resources expense so why can’t that happen for penobsquis

  5. On April 13, 2012 at 4:11 pm,
    Michael says:

    Bob M. from 321gold put out a write-up on the company within the last week. He says it is a good value.

  6. On April 14, 2012 at 8:33 am,
    Big Al says:

    Thanks Michael,

    I do agree with Bob.

    Big Al

  7. On April 14, 2012 at 4:23 pm,
    John says:

    Wonder if uncle SPROTT is holding anything in this?????

  8. On May 8, 2012 at 10:05 pm,
    Henrique says:

    no i didnt see it but just glanced at it since you meeontind it.i’m not nervous simply because i have stops in place, well below the 200 day ma. i’m in this for the long term. only reason i will exit is if i see a material shift in demand or change in underlying fundamentals.