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Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Chemicals Basic Materials
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

Encanto Potash Corp
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Comment by Alpha101on Jan 24, 2017 10:59pm
791 Views
Post# 25750764

RE:RE:RE:RE:RE:RE:RE:RE:Potash Companies

RE:RE:RE:RE:RE:RE:RE:RE:Potash Companies
stocktroll wrote:
I think if it is potash corp they would buy encanto out right.I am sure they would love to have india locked up. We are in for a ride either way.

I don't think so....India is working with Encanto because they hate Canpotex.  They would never sign a contract that would put them under the thumb of Pot Corp.  Chief Bellerose, I think, doesn't like them either.  Initially, he said he was willing to work with encanto because none of the other companies (including POT) ever came around to talk to him.  There would be some very serious resistance to a buyout by anyone because the mine is on FN property.  Management is not trying to sell the project...besides, if someone bought encanto they'd have to pay for the offtake agreement as well.....they won't get that for $.13 a share!
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