TSXV:EPO.H - Post by User
Comment by
Alpha101on Jan 20, 2017 9:25pm
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Post# 25736408
RE:RE:RE:Why..
RE:RE:RE:Why.. This might be a little optimistic in the immediate future but who knows? If the trading company (which has suppliers under contract or they wouldn't have signed the offtake) gets ramped up on the potash and "other commodities" and then Musk and Ocha mines start producing, I would suggest that $20+ is possible....not this month, of course, but maybe in 5 years.....they've done so much already that I wouldn't bet against Stavros and team. Time will tell.
Investment analysts at Canaccord Genuity decreased their price target on shares of Encanto Potash (CVE:EPO) from C$29.00 to C$28.00 in a note issued to investors on Friday, Analyst Ratings Net reports. The firm currently has a “hold” rating on the stock.
A number of other firms have also recently commented on EPO. Analysts at LB Securities downgraded shares of Encanto Potash from a “speculative buy” rating to a “hold” rating in a research note to investors on Wednesday, July 31st. Analysts at Laurentian downgraded shares of Encanto Potash from a “speculative buy” rating to a “hold” rating in a research note to investors on Wednesday, July 31st.