October 9, 2008

SASKATOON -While oil and base metals fell, fertilizer stocks rose in Wednesday trading. Saskatoon-based Potash Corp. of Saskatchewan rose $13.58 to $110.50, up 14 percent on the day. PotashCorp has traded as high as $246 and as low as $84.45 in the last four months.

Agrium Inc., based in Calgary but with Saskatchewan assets, was up 35 cents to $42.46, and even junior company Athabasca Potash -still in the exploration phase -rose 11 cents, or just under five percent, to $2.37.

Other Saskatchewan-based companies fared less well. Uranium giant Cameco Corp. closed down 70 cents at $17.74 on trading of over 4.3 million shares.

However, Cameco was up from its opening of $16.75.

Grain company Viterra Inc. dropped 36 cents to $8.05 for the day, up from $7.25 in early trading.  And Shore Gold Inc., which traded as high as $5.61 last November, was off five cents to 89 cents per share.