Encanto Potash Corp V.EPO.H

Alternate Symbol(s): ENCTF

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Encanto Potash Corp. is a Canada-based exploration and development company that is focused on potash properties in the Province of Saskatchewan. The Company is focused on the development of Muskowekwan First Nation (MFN) reserve lands located approximately 100 kilometers north of Regina, Saskatchewan. The Company's wholly owned subsidiaries include Encanto Resources Ltd and Encanto Trading Corp.

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Encanto Potash Corp

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Post by go.faster@ymail.comon Sep 29, 2015 6:43pm

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Post# 24147142

IMHO...per Secutors Report

The last sentence in this paragraph is in play!!! Can someone explain how this transaction would play out and affect share price?

Project Progress Connues, With Oake Ancipated in Summer 2015. Encanto is planning to secure an oake agreement for its potash product, and negoaons have been underway with a consorum of Indian ferlizer companies. The consorum includes RCF, which is owned by the Indian government. Conceptually, Encanto is looking to negoate a take-or-pay oake agreement with the Indian consorum for the supply 1.5 to 2.0 Mtpa of standard potash product over at least a 10 year period. India has shown some discontent in dealing with consorums present in the market, and Encanto could provide an alternave source of supply. The Company ancipates that the oake will be finalized during the summer. Encanto would also be willing to sell up to a 49% stake in the project to a strategic partner to help finance the construcon of the project.