TSXV:EPO.H - Post by User
Comment by
Alpha101on Jan 09, 2017 4:33pm
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RE:RE:RE:RE:RE:RE:Encanto has no market credibility
RE:RE:RE:RE:RE:RE:Encanto has no market credibilityFreeNorth - I agree with you on all of it. I think it's time management started explaining, in simple terms, what an MOU and an MOA are, what they mean in relation to Encanto, the possible schedule of meetings to advance the MOA to a signed offtake. It's a solid written agreement so let's hear more about it.
What's happening with the mineral lease.....someone (probably Chief Bellerose, I think) could ask the government what's happening and when we can expect results. Where is it in the process? He expected it to be completed 6 months ago.
Why does it appear that nothing significant has happened with the trading company since it was announced 8 or so months ago. They could elaborate on their understanding of the word "immediately". Are they even talking to financiers?
There is, finally, something to talk about and I believe they should start talking to the investment community about deals like the MOA.
The company will eventually be profitable but they are rapidly losing whatever credibility they may have had with investors because of their silence!