Mackie Downgrades Ethiopian Potash

Financial Post reported that Ethiopian Potash (TSXV:FED) has been downgraded to a “sell” rating.

As quoted in the market news:

The analyst said he understands that there are eight years left on Ethiopian Potash’s 10-year option to acquire the Danakil property, which would require the purchase of all the shares of G&B Central African Resources Ltd.

Click here to read the full Financial Post report.