Encanto Potash Corp V.EPO.H

Winston's Growth Stock report

[loonie4bucks]

This came to me via email, thought it's might interest you.


Issue 39, October 3, 2010<br>Encanto Potash (TSX.V: EPO)<br>Our speculative potash pick, Encanto Potash has finally started their drilling program which will determine a resource estimate on their Muskowekwan project. This deal has been stymied with delays but now seems to be getting some life back into it.<br>With rumors swirling about an imminent buyout coming to our number one pick, Potash One (KCL, TSX), the speculation in potash stocks is again heating up.<br>There are a number of prospective potash properties in Saskatchewan and for the most part most of these properties, projects and associated small cap stocks will never develop into anything.<br>What makes Encanto unique is that they are working on First Nations (Aboriginal) Lands where the First Nations can benefit from any future mining profits. Since this isn’t Crown Land, a great deal of bureaucratic red tape can be sidestepped in the potential mine development therefore saving time and money. Given Encanto has an economic resource; it would be a politically correct P.R. move by the provincial and federal governments to see that a mine would be built. This is the advantage Encanto offers to a potential buyer of Muskowekwan.<br>The next catalyst is to prove up an economic resource.<br>This is a hold as a higher risk speculation.