TSXV:EPO.H - Post by User
Post by
eztwo1on Feb 13, 2010 4:11pm
830 Views
Post# 16783587
Nothing has been "proven", however
Nothing has been "proven", howeverthe potential here may be huge. Many here know that the company was recently (relatively) formed for the specific reason to find economical potash deposits. The management group holds a great deal of stock and has, according to "Fundamental Research Corp.", close links with Endeavour Financial. The recent drilling shows the potential for success.
The step by step manner in which Encanto has demonstrated its commitment to its goals is a significant sign that the future is being carefully built on a solid foundation. The deals with many First Nations Groups is a key example of EPO's attention to details.
Adept management monetarily involved, potentially great properties, access to funding, and seeming interest from investors in an "in the news" commodity provides the opportunity for tremendous investment possibilities.
Recent trading has shown a large increase in accumulation as evidenced by "on balance volume" as well as other indicators (Chaiken money flow, etc.) EPO seems to be at the start of a run...many stocks that I have followed have run because some institutions have shown early interest and knowledgeable individuals front run the stock in the early stages. The recent trading could be pointing in that direction. Seismics are coming, but the buying has already begun.
IMHO, now is the time to have a substantial holding here... EPO is going to move steadily upward.