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Bullboard - Stock Discussion Forum 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... see more

TSXV:EPO.H - Post Discussion

Encanto Potash Corp > Hello. MFN here.
View:
Post by Trisha123 on Jan 16, 2024 11:01pm

Hello. MFN here.

It seams that you all have alot of questions. As a MFN i also have alot of questions. The joint venture allows Encanto 99 years claim to the potash under our ground. The problem they are facing is that alot of the land that was purchase is still TLE land. Is hasnt been converted into actual reseve land. That isnt the only one issue.  I dont think they realized all the hurdles they have to go through. As a MFN member we have not herd of any progress on this joint venture since i would like to say  2017. Even then it was just about all the TLE land they purchase with all our trust fund money and the process of getting that land switch over to actually reseve land. I didnt even know we were still going theough with this until another member mentioned it. I had to search online and find put about the recent update to the project. 

Now that being said. Im not confident in this venture or our leaders but i will buy shares into it just to keep my eye on it.
Comment by Trisha123 on Jan 17, 2024 9:48am
Quick update on that TLE land. I guess our leaders made the mistake of taking out loans againts some of the land they purchased and until those loans are paid in full they can not convert the TLE land to actual reserve land. Gonna be a long one but hey.... they have 99 yesrs to figure it out 
Comment by Freedom2022 on Jan 17, 2024 1:36pm
Thanks for trying to update us , nice to hear from a local ,, imo They, being previous managment epo knew excactly what they were doing ,, fleesing us with nothing but positive News from Ottawa all the way to india,, All levels failed , We suffer for it,, ITS ALL OVER !  DONE!  sorry to say we wont be alive if this ever works out,,, cheers!
Comment by Trisha123 on Jan 17, 2024 5:31pm
 Wouldn't say it's a complete loss. I do know ENCANTO and MFN leaders do want this joint venture to succeed I just don't think they realized everything they have to go through just to break ground also poor financial decisions have caused a hold up. If our leaders are able to pay the loans off and free up the land I could see them braking ground within 5-10 years but that's ...more  
Comment by Freedom2022 on Jan 18, 2024 10:01pm
Where are the Feds and the Truth and reconciliation act?  Potash is a CM, Billions of EV dollars being given to big Companies for EV related plants,, hundreds of millions of CM mining money promised 2 years ago Vital minerals Rare earths had to get funding from China! Crickets in ottawa,  lol   its a virtual complete loss, i went from 300,000 down to 11,000 shares,, i will ...more  
Comment by mdjbrown on Jan 19, 2024 4:22pm
F2022, unfortunately EPO's fate was sealed when insiders put the Horgen Agreement together as it favoured very few with the exception of those in the priveliged circle. It was a clear behind the scenes sign as to the direction this one was headed.