The Energy Report

Passport Potash Inc.

John Cumming, The Northern Miner (5/6/13) "The headline numbers in PPI's PEA are compelling."

Siddharth Rajeev, Fundamental Research Corp. (4/4/13) "PPI's new Holbrook Basin PEA shows a IRR of 27.08%."

Verde Potash

Jamie Ashcroft, Proactive Investors (4/2/13) "NPK's potash project now is South America's largest, 'active' one."

Passport Potash Inc.

The Energy Report Interview with Jeb Handwerger (3/26/13) "PPI has one of the lowest-cost potash projects under development."

Jeb Handwerger, Gold Stock Trades (3/25/13) "PPI's bullish fundamentals make it quite an interesting opportunity."

The Energy Report Interview with Chris Berry (3/19/13) "PPI's recently released PEA demonstrates promising economics."

Jeb Handwerger, Gold Stock Trades (3/11/13) "The bullish fundamentals for PPI make me quite interested."

Nick Worth, Arizona Journal (3/6/13) "PPI's property has sufficient resources to justify further expenditures."

Verde Potash

Kerry Hall, Mining.com (3/6/13) "NPK is in negotiations sign off-take agreements with potential partners."

Anoop Prihar, GMP Securities (2/8/13) "NPK is uniquely positioned to take advantage of the opportunity in Brazil."

Michael Scoon, Stifel Nicolaus (1/30/13) "We are upgrading our recommendation on NPK to Buy."

Allana Potash Corp.

Andrea Rubakovic, Salman Partners (12/19/12) "AAA's healthy cash position should allow it to complete the exploration program and feasibility study."

Passport Potash Inc.

Greg Miller, Seeking Alpha (12/19/12) "PPI is an intriguing opportunity for investors."

Allana Potash Corp.

Equities.com (12/14/12) "AAA has strategically positioned itself to outperform competitors in the space."

Andrea Rubakovic, Salman Partners (12/11/12) "AAA intersected strong sylvinite mineralization at Danakil."

Western Potash Corp.

Steve Hansen, Raymond James (12/11/12) "WPX's Milestone is largely derisked, world class and high grade."

Nelson Mah, Laurentian Bank Securities (12/7/12) "WPX is one of few potash developments with a feasibility study done."

Andrea Rubakovic, Salman Partners (12/7/12) "The feasibility study is a derisking event for WPX's Milestone."

Joel Jackson, BMO Capital Markets (12/6/12) "WPX's Milestone is one of the most advanced, junior potash projects."

John Chu, Alta Corp Capital (12/6/12) "We maintain our Outperform on WPX."

Verde Potash

John Chu, Alta Corp Capital (12/4/12) "NPK's testing has been successful."

Andrea Rubakovic, Salman Partners (12/4/12) "NPK's cash should be sufficient to fund the company through the BFS."

Anoop Prihar, GMP Securities (11/19/12) "NPK's test was an important step towards derisking the process flow sheet."

Passport Potash Inc.

Devon Shire, Seeking Alpha (11/15/12) "PPI's easily accessible location and shallow resource depth spell opportunity."

Chris Berry, Morning Notes (11/15/12) "PPI's definitive agreement with the Hopi tribe makes sound strategic sense."

Ray Goldie, Salman Partners (11/13/12) "PPI's agreement with the Hopi Tribe will allow exploration of Hopi private land sections."

Allana Potash Corp.

Andrea Rubakovic, Salman Partners (11/12/12) "AAA stands to benefit by being one of the most advanced companies in Ethiopia."

Steve Hansen, Raymond James (11/2/12) "We are upgrading our rating on AAA to Outperform and increasing our target price."

Andrea Rubakovic, Salman Partners (11/2/12) "AAA's purchase of Nova Potash is a very strategic and positive acquisition."

Passport Potash Inc.

The Energy Report Interview with Sid Rajeev (10/30/12) "PPI has quite a few catalysts coming up, including a scoping study."

Verde Potash

Anoop Prihar, GMP Securities (10/22/12) "We were impressed with NPK's progress on derisking Cerrado Verde."

John Chu, Alta Corp Capital (10/18/12) "We reiterate our Outperform rating on NPK."

Spencer Churchill, Paradigm Capital (10/18/12) "NPK has the potential to become a large supplier of potash to Brazil."

Allana Potash Corp.

Andrea Rubakovic, Salman Partners (10/16/12) "We reiterate our Buy recommendation for AAA."

Passport Potash Inc.

Michael Berry, Morning Notes (10/16/12) "PPI made two encouraging announcements that increase the validity of its project."

Michael Berry, Morning Notes (10/16/12) "PPI is a potash play not to be ignored."

Verde Potash

Adam Lucas, Ocean Equities (10/16/12) "NPK released consistent grades from Cerrado Verde."

Adam Lucas, Ocean Equities (10/10/12) "NPK has appointed Jaret Anderson, who was ranked first in the Bloomberg Absolute Return Rank."

Giles Gwinnett, Proactive Investors (9/24/12) "Brazil's plans could mean a boon to NPK's growth and project economics."

Passport Potash Inc.

The Energy Report Interview with Bob Moriarty (9/18/12) "I wouldn't be surprised to see PPI at $1/share, and that would be a 450% increase."

Allana Potash Corp.

Marc Robinson, Cormark Securities (9/6/12) "AAA's acquisition of Nova allows it to increase its land position and water rights, with potential to increase its Sylvinite resource by over 40%."

Jaret Anderson, Mackie Research Capital (9/5/12) "AAA has nearly doubled its position in Ethiopia's Danakil potash basin."

Mike Plaster, Salman Partners (9/4/12) "AAA's acquisition is beneficial for the development of the Danakhil potash project."

Andrea Rubakovic, Salman Partners (9/4/12) "We view AAA's Nova-Ethio acquisition as beneficial for the development of Danakhil."

Robert Winslow, National Bank Financial (9/4/12) "We reiterate our Outperform rating for AAA."

Steve Hansen, Raymond James (9/4/12) "AAA's Nova acquisition provides attractive scale and water access opportunities."

Verde Potash

Anoop Prihar, GMP Securities (8/27/12) "NPK's Cerrado Verde has the ability to change the competitive landscape in Brazil."

Adam Lucas, Ocean Equities (8/23/12) "NPK sends a clear message to the market with its appointment of Mr. Mundim as CFO."

Passport Potash Inc.

Chris Berry, Morning Notes (8/21/12) "PPI continues to announce promising results from Holbrook Basin."

Verde Potash

Spencer Churchill, Paradigm Capital (8/16/12) "NPK has the potential to become a large potash supplier to Brazil."

Passport Potash Inc.

Corey Dias, MGI Securities (8/1/12) "PPI's drilling confirms a continuous potash trend."

Verde Potash

The Energy Report Interview with Fadi Benjamin (7/31/12) "NPK is a potash explorer in Brazil, one of the world's largest potash consumers."

Anoop Prihar, GMP Securities (7/31/12) "We expect NPK will announce completion of various significant milestones."

John Chu, Alta Corp Capital (7/27/12) "The new senior members should prove invaluable to NPK."

Adam Lucas, Ocean Equities (7/27/12) "NPK has received positive feedback about its environmental impact report."

Allana Potash Corp.

Steve Hansen, Raymond James (7/25/12) "AAA has taken another derisking step forward at Danakhil."

Andrea Rubakovic, Salman Partners (7/25/12) "We reiterate our Buy recommendation on AAA."

Vikas Ranjan, Ubika Research (7/17/12) "Our model price for AAA is 365% higher than the market price; it's undervalued."

Passport Potash Inc.

Troy Bayer, Seeking Alpha (7/12/12) "PPI currently controls over 126 square miles of the potash-rich Holbrook Basin."

Allana Potash Corp.

Katchum, Seeking Alpha (7/9/12) "AAA had increasingly positive news over the past year."

Jaret Anderson, Mackie Research Capital (7/5/12) "AAA's significant cash position will allow it to advance Dallol."

Karnalyte Resources Inc.

Kelvin Cheung, Clarus Securities (6/26/12) "KRN offers investors upside to a best-in-class potash project."

Allana Potash Corp.

Steve Hansen, Raymond James (6/26/12) "AAA is set to benefit from the railway line plans."

Andrea Rubakovic, Salman Partners (6/26/12) "A planned railway will benefit AAA and further derisk Dallol."

Robert Winslow, National Bank Financial (6/25/12) "The new line could enable AAA to grow project capacity to 2 Mt/year."

Lithium Americas Corp.

Matt Gowing, Mackie Research Capital (6/20/12) "LAC has made significant development progress at Cauchari-Olaroz."

Joyanta Acharjee, Proactive Investors (6/18/12) "LAC has potential to be one of the lowest-cost lithium operations in the world."

Allana Potash Corp.

Andrea Rubakovic, Salman Partners (6/13/12) "AAA's Dallol results provide potential upside to upgrade resources into M&I."

Philip Ker, Union Securities (6/12/12) "AAA's results indicate Dallol will grow in both size and confidence."

Verde Potash

Robert Winslow, National Bank Financial (6/4/12) "A robust appetite for NPK's potash is confirmed."

Andrea Rubakovic, Salman Partners (6/4/12) "NPK benefits from new technology and a strategic location."

Allana Potash Corp.

The Energy Report Interview with Steve Hansen (5/31/12) "AAA has already struck very good financing arrangements on both the commercial and international banking fronts."

Verde Potash

Corey Dias, Equinox Copper Corp. EQX:TSX.V, MGI Securities (5/16/12) "NPK is as an ideal investment in the junior potash development sector."

Karnalyte Resources Inc.

Joel Jackson, BMO Capital Markets (5/16/12) "KRN's Wynyard has letters of intent for an offtake by multiple parties around the globe."

Corey Dias, MGI Securities (5/15/12) "KRN remains a unique and attractive investment opportunity."

Kelvin Cheung, Clarus Securities (5/15/12) "KRN offers investors upside in a best-in-class potash project."

Verde Potash

Anoop Prihar, GMP Securities (5/2/12) "NPK has the potential to be a major producer in Brazil."

Allana Potash Corp.

Andrea Rubakovic, Salman Partners (5/2/12) "AAA has doubled its M&I resources at Danakil."

Joyanta Acharjee, Proactive Investors (5/2/12) "AAA's new NI 43-101 increases M&I resource by more than 90%."

Marc Robinson, Cormark Securities (5/2/12) "We see increasing likelihood of a takeout for AAA at levels close to our target."