Is that good or bad for investors in the junior space? FB: BHP has been buying juniors since 2007, including Anglo Potash Ltd. and Athabasca Potash Inc. Those were purchases of land more than anything else; no feasibility studies or well-defined projects. The purchases allowed BHP to put forward a plan for its Jansen project, which is one of the world's largest potash mines, in Saskatchewan. The buying spree created a lift for the junior space. New entrants came in, hoping that large mining companies such as BHP, Rio Tinto Plc (RIO:NYSE; RIO:ASX; RIO:LSE; RTPPF:OTCPK), and Vale S.A. (VALE:NYSE), would scoop up juniors. However, the large mining companies have decided not to overpay, especially after the failed takeover of PotashCorp. (POT:TSX; POT:NYSE) by BHP. Consequently, sovereign entities from China and a large consortium of potash buyers from India have been coming to Saskatchewan looking at juniors' assets.