FORTUNE 500 FUNDING CORP.

Fortune 500 Funding Corp. purchases and sells Potash worldwide, as well as finances!

A complete Mine Hoist System has enabled mines to increase production by half at the Esterhazy Mine in Canada as well as man working underground in Potash Mine.

TO WHOM IT MAY CONCERN

As a direct agent to the mandate, Fortune 500 Funding Corp. has been appointed sole legal authorized representative for many sellers and purchasers of Potash effective January 1, 2005 to January 1, 2030. We confirm that the seller is ready, willing and able to supply the following Potash commodity under the terms and conditions listed below and prices to be agreed upon between the Buyer and the Seller.

Fortune 500 Funding Corp. is authorized to nominate his own representatives to purchase and sell Potash worldwide. If you are interested in being our representative worldwide or in the country of your choice, please contact us.

WELCOME TO:

FORTUNE 500 FUNDING CORP. is a well-established corporation operating in 180 countries which has a worldwide Potash division. It is active in the international market place as well as Saskatchewan. Some of the company’s key properties are located in Saskatchewan.  

FORTUNE 500 FUNDING CORP. WORLDWIDE POTASH DIVISION, through its own company’s subsidiaries, has exclusive rights to a total of 100 assorted locations of freehold minerals in highly prospective potash areas of Saskatchewan. These properties total approximately 50,000 acres. Included in these properties are approximately 25,000 acres of land located 25 miles west of the town of Esterhazy and approximately 25 miles west of operating Esterhazy K1 and K2 underground potash mines.


POTASH - THE NEW CRUDE

Saskatchewan potash is the new crude oil, according to one market analyst monitoring the historic rise in value of the plant nutrient. 

On Thursday, April 17, 2008, the same day crude reached a record high, shares in potash companies spiked, based on the news that the largest distributor of fertilizer products in China – Sinofert Holdings Ltd. – had agreed to pay $400 US more per ton of Saskatchewan potash this year than in 2007. The port of Vancouver FOB price is $576 US that Sinofert agreed to in the negotiations. It is up as much as crude oil and maybe a little more.

On June 25, 2008, Potash is currently mined only in 12 countries and producers are essentially sold out at a time when farmers are willing and able to pay as much as $US 1,000 per tonne, more than triple last year’s going price.


POTASH

The word “potash” is derived from the Dutch word Potasch, and originally referred to wood ash. Potassium carbonate, a basic chemical of pre-modern times, was extracted from it. Today potash refers to potassium compounds and potassium-bearing materials, the most common being potassium chloride (KCI). Potassium is the seventh most abundant element in the earth’s crust, and is the third major plant and crop nutrient after nitrogen and phosphate. About 95% of world potash consumption is used in FERTILIZERS, with small amounts used in manufacturing soaps, glass, ceramics, chemical dyes, drugs, synthetic rubber, de-icing agents, water softeners and explosives. Other main potash fertilizer products include potassium sulphate (K2SO4) and potassium nitrate (KNO3). The term “potash” comes from the pioneer practice of extracting fertilizer (K2CO3) by leaching wood ashes and evaporating the solution in large iron pots.


CANADIAN RESERVES

Western Canada’s potash deposits occur in the Middle Devonian Prairie Evaporite formation at depths in excess of 900 m. The deposits extend from central to south-central Saskatchewan, a few kilometers into Manitoba, and 200-300 km into northern North Dakota. Potash reserves are among the most extensive and the richest in the world. Canada’s potash resource base was estimated at around 75 Billion Ton of potassium chloride. In Saskatchewan, potash resource accessible by conventional underground techniques to a depth of 1100 m is estimated at 23 Billion Ton KCI; an additional 50 Billion Ton KCI are estimated to be accessible by solution mining. Potash ore grades range between 21% and 27% K20. In Manitoba, proven reserves in the southwest have been estimated to be a minimum of 40 Million Ton at depths between 800 m and 900 m, with ore grades ranging between 23% and 25% K20.

Significant reserves occur in formations of the Windsor group in New Brunswick, where a potash resource base of more than 1.6 Billion Ton KCI has been estimated. Proven reserves amount to 160 Million Ton KCI at depths ranging between 600 m and 025 m. In New Brunswick, ore grades are generally richer than those of Saskatchewan, varying between 24% and 28% K2O.


PRODUCTION CAPACITY

Potash production capacity in Canada is estimated at more than 22 Million Ton KCI. Saskatchewan’s potash capacity is estimated at about 20 Million Ton KCI. New Brunswick’s potash milling capacity is 2 Million Ton KCI. Potash producers in Canada produce fertilizer and industrial trades with K20 content ranging between 60% and 65%. The bulk of potash production is spread among the standard (25%), coarse (30%) and granular grades (30%). Potash and common salt are often produced together; 6 potash operations also extract or recover co-product salt.


HOW IS POTASH MOVED?

Potash is moved by truck (5%) and rail (95%). In Canada, potash is the third largest major MINERAL product in volume on Canadian railways and international shiploading, then to be transported around the world by ships.

If you have any questions about our Worldwide Potash Division or would like us to contact you, simply submit the form below. One of our worldwide representatives will contact you shortly to discuss your request in detail or you may email us for immediate assistance for all your Potash needs.

CONTACT US NOW AT:  info@Fortune500FundingCorp.com

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