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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.


TSXV:EPO.H - Post by User

Bullboard Posts
Post by marketmover1on Aug 06, 2010 7:15am
434 Views
Post# 17327264

seems backwards????

seems backwards????shouldn't EPO drill some holes based on the targets provided by 3D interpertation then hire RIM to calculate a resource estimate and not the other way around. Doing a resource calculation now would only give them a calculated resource based on one hole and a probable resource based on 3D. Seems like a waste of money. Questionable call to pay for a resource estimate at this point by EPO management. Do these guys know what they are doing? Nope. Looks to me like they are grabbing at straws to try and prop up the SP. I suppose EPO management may be under pressure to produce some kind of results especially for the buyers on the last PP. You can imagine that if you just invested in a company only to lose 1/3 of your investment within weeks of the PP closing would be disappointing for sure. Can anybody make sense of this. I'm sure MTGfree will try to paint a rosy response, after all that is what he gets paid to do.

GLTA
MM1
Bullboard Posts