Encanto Potash Corp V.EPO.H

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

[Alpha101]

Buyhigheatchips wrote:
That's true Alpha. Sometimes I lose track of all your good analysis!

I'm amazed that investors can't understand what just happened.  A junior miner has managed to sign a $20 billion offtake agreement (minimum) which is huge by any standard.  The parties involved (Encanto and NACOF) did not sign the contract in the "hope" that they could fulfil the terms of the agreement.....they KNOW that they can do it!  Our management has worked miracles!

It's my belief that Encanto already has agreements with lenders and suppliers and are simply finalizing the contracts.  To sign a billion dollar offtake without written assurances that they can supply the potash (supplier(s) and finance locked down) would be beyond stupid because they would be liable for costs and penalties.

It's my belief that it's only a matter of time before these issues are announced and the share price will respond very energetically.  I can't understand why investors can't read between the lines.....I guess they'll wait until the stock is much more expensive before they finally decide to jump in....their choice.