Reviewing Cash Burn Rates for Junior Potash Firms

Financial Post reported on which potash companies have the best cash position.

The market news is quoted as saying:

Allana Potash Corp., Karnalyte Resources Inc. and Western Potash Corp. are in very solid shape, with cash balances of $55-million, $35-million and $25-million respectively. Allana can maintain its current spending pattern for more than three years without needing an equity offering.

To read the full market news, click here.