Contrarian Investor UK invests mainly in UK FTSE and AIM listed shares. Like famous contrarians, Warren Buffett and Anthony Bolton, he likes to take a different view to the crowd of investors. He prefers the short term, possibly speculative trade, to the long term hold and takes the view that it's about "buy and research" not "buy and hold"! This blog tracks Contrarian Investor UK's thoughts on the stockmarket and his portfolio's trades. Move against the herd with the Contrarian Investor UK!
Trades and observations from a British contrarian stock investor
This blog is not intended to give financial advice. Before investing, do your own research and consult your financial adviser if appropriate. The accuracy of any information included is not guaranteed and may be subject to conjecture or interpretation by Contrarian Investor. Therefore visitors should validate all facts using alternative sources where possible.
Monday, January 24, 2011
Sirius Minerals confirms North Dakota potash discovery
Sirius Minerals (sxx) issued an RNS this morning which confirmed that analytical testing had confirmed high quality potash at their North Dakota exploratory drill. Not having a degree in geology, the details of the news are difficult to interpret but it seems the potash layer discovered is sufficiently large to make this is a significant commercial find. More later on this story.
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