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Posted on 05/06/08

Tiny miner swept up by potash frenzy

MINING REPORTER

What's a potash permit worth? About $38-million, judging by the stunning share price increase posted by Potash North Resource Corp. yesterday.The junior miner, which was previously a shell company called Timer Explorations Inc., saw its stock climb 670 per cent on the TSX Venture Exchange in its debut as a potash play after disclosing it had won an exploration permit from the Saskatchewan Mines Branch.

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