Potash stocks have soared this year, except for this microcap - the story is incredible
Intrepid Potash (IPI:NYSE) +72%. Millenial Potash (MLP:TSXV) +400%. Introducing: American Critical Minerals (CSE:KCLI)
Potash investing is a secret weapon and the majority of trend followers are completely missing out.
IPI:NYSE - Intrepid Potash is +72% this year with a market cap of nearly US$500M
Below I provide a link to X for a short article I wrote on CSE:KCLI (American Critical Metals) (APCOF:OTC) which is sandwiched between IPI's operations, and well within the mineralized runway in Utah’s Paradox Basin - the only potash producing region in the U.S.
Be sure to read it, the story is impressive: https://x.com/juniorminingpro/status/1857446315883708689
Keep in mind, America imports 90% of it’s potash, mostly from Canada. It’s a critical mineral, and Utah is a critical district.
The company has a 43-101 with an Exploration Target of 600 million to 1 Billion tonnes of Muriate of Potash (MOP) at 19% - 29% - this is absolutely massive and the market is completely asleep on it.
It took a decade for KCLI to obtain Federal and State drilling and exploration permits. They lost a lot of shareholders during that way. However that is now well behind them and they are preparing to put at least 2 confirmation holes into the ground this year, which will CONFIRM the size of the potash zone.
When this happens, I believe the stock is going to soar.
Just look at the MLP.v (Millenial Potash) chart and market cap - they are in Africa, with a market cap of C$130 million
Look at SAGE.v - they are also in the Paradox Basin where KCLI and IPI are operating however well outside the juicy mineralized runway. Sage market cap? $26 million and awaiting permits.
$KCLI market cap with permits and sandwiched by $500 million IPI? C$7.6M
FAFO!
Disclaimer: I have NOT been paid to write and distribute this article. This is not investment advice.
I'm in MLP and Sage. For MLP, wish I got in earlier in the year but it's been good.
You think MLP still has a big runway?
I'll look into this one.