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Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

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.


TSXV:EPO.H - Post by User

Bullboard Posts
Comment by Alpha101on Jan 07, 2017 2:03pm
729 Views
Post# 25679046

RE:RE:RE:RE:RE:RE:RE:This makes no sense

RE:RE:RE:RE:RE:RE:RE:This makes no sense
Derthebear wrote: Wouldnt we have to reverse split 10 to 1 in order to be at 1$ to enter epo.to ? Isent this one of the requirement ? Otherwise we are going to need a consistent flow of good news to get to a 440 m market cap .. Any toughts ?

I don't know how many times I've talked to management over the years and they consistently say very forcefully that there will be no consolidation.  Call them and they will tell you that again and again and again and again!
There are methods for getting around the obvious requirements to get listed on the TSX.  A reverse takeover is the most common, I think.  You find a company on the TSX that has financial problems....you buy it cheap and then rebrand it as Encanto......now Encanto is on the TSX.  Management knows how to do it when they are ready.  Management has said they will eventually be on the TSX but it is not absolutely necessary or a priority.  If you have a revenue stream in the billions, it does not matter what exchange you are on....people will find you.

The focus is on financing the trading company and building the mine.  Side issues will be dealt with at the proper time.
Bullboard Posts