Encanto Potash Corp V.EPO.H

EPO/WPX comparison

[marketmover1]

for those thinking that EPO is similar to WPX think again. EPO core results are Belle Plaine(2.4m) at 25.5% K2O + Patience Lake(3.6m) at  25.3% K2O with the Esterhazy(5.3m) at 12.4% K2O(uneconomical) compared to WPX core results coming in at Belle Plaine(4.6m) at 17.2% K2O + Esterhazy(5.8m) at 24.3 K2O + Patience Lake(6.2m) at 20.9% K2O. So in short EPO has 6m of 25% K2O of potential mineable interval compared to WPX having 16.6m of approx. 21% average K2o of potential mineable interval. All that being said WPX has 16.6m of potentially mineable interval to EPOs 6m of Potential mineable interval though at a higher grade and WPX has 1/2 the shares outstanding. WPX is also much further ahead in the exploration/resource calculation phase. So in closing for those dreaming of EPO being at a dollar a share better reassess there future outlook on EPO share price. Personally I am looking at 25 cents as my exit point. I will be happy with that.

GLTA
MM1