Connecting the Potash Dots. Yes, It Involves The Bakken (at least the location)

Here's another set of dots to connect. It starts with Warren Buffett buying the Burlington Northern railroad.

BHP Billiton recently announced plans to build a huge potash loading terminal at the Port of Vancouver, Washington. BHP has also announced intentions to buy Potash Corporation.

Ninety-four (94) percent of all potash produced in North America comes from Canada. However, it was recently announced that the state of North Dakota granted a permit for a potash mine. This is the first potash mine permit issued by the state in three decades (specifically, since 1976). North Dakota's potash reserves are in the Bakken area.

Connecting the dots results in a lop-sided hexagon.

The potash terminal alone is a pretty exciting story, especially for those of us who still remain bullish.

Oh, back to Warren Buffett. BHP accepted proposals from Burlington Northern Santa Fe and Canadian Pacific to carry potash to the port terminal. Who knew that Warren Buffett bought BNI for carrying potash to Vancouver?

By the way, here's another story on Greenbrier for investors.