TSXV:EPO.H - Post by User
Comment by
Asphalt20on Mar 26, 2013 11:31pm
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Post# 21172381
RE: RE: Epo mentioned.
RE: RE: Epo mentioned. I have a couple of comments to make with regards to that article too:
1) It's interesting that Gujarat State Fertilizers and Chemicals (India) entered into a joint venture with Karnalyte Resources in January. This production facility will eventually produce over 2 million tones of potash. I find it HIGHLY UNLIKELY a company from India would take that kind of a risk without verifying that adequate infrastructure is available. The same infrastructure that Encanto will have access to at the same time, if not sooner..... If it's not a problem for Karnalyte why is it a problem for Encanto?
2) It appears as if the resent hiring of Dr.Deesjardins was intended to address exactly this issue, part of the news release reads as follows, "Dr. Desjardins brings critical experience to his Project Management role with Encanto as the Company conducts its Feasibility Study, including bridge engineering, and infrastructure planning necessary for production. Dr. Desjardins previously worked at Alderon Iron Ore Corp. ("Alderon") where he was responsible for port terminal management and procurement of long lead time production items."
This isn't a problem folks.......JMO