Development Concerns Cause Junior Potash Shares to Fall

Reuters reported that shares in Canadian junior potash miners were down as investors doubted their ability to develop mines.

As quoted in the market news:

Western Potash came under pressure from market speculation that a deal with a potential Chinese investor in the company fell through, said Andrea Rubakovic, an analyst at Salman Partners. Karnalyte, which is also seeking capital, may have fallen on doubts it will find an investor soon as well, she said.

Click here to read the full Reuters report.