Verde Potash Completes Landmark Test, Shares Jump 10%

- December 1st, 2011

Financial Post reported that shares of Verde Potash (TSXV:NPK) were up on the company’s announcement of successful tests that produced potassium chloride.

Financial Post reported that shares of Verde Potash (TSXV:NPK) were up on the company’s announcement of successful tests that produced potassium chloride.

As quoted in the market news:

The process could be a game changer for the potash industry, noting that Verde said its deposit could produce a whopping six million tonnes of potash a year for more than 20 years. It is potentially a very important project in Brazil, which relies heavily on potash imports. Verde shares jumped 70¢, or 10%, to $7.70 in early trading Thursday.

Click here to read the full Financial Post report.

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