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"Potash Corp. POT-T is headed back to the top spot in Canada’s markets – and soon – its ebullient chief executive, Bill Doyle, predicts.

Never mind that Potash is currently in 10th place, has just come off a dismal quarter that saw it blow past expectations – the wrong way, with a 33-per-cent drop in first-year earnings, and a cut to its full-year forecast. Its shares are down nearly 7 per cent in the past month. It faces fertilizer buyers skeptical of demand amidst global economic turmoil.

Mr. Doyle has never shied away from a sunny look at the future. During his successful fight against the BHP Billiton takeover bid, at $130 per share, he suggested Potash’s value “far exceeds $170 per share.”


cont'd


http://www.theglobeandmail.com/globe-investor/investment-ide...
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