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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 luvplaneson Nov 27, 2010 1:49pm
468 Views
Post# 17766350

Company value?

Company value?Some basic comparisons.
Does anyone know which value amongst the recoverable, indicated or infered  resources that are assigned a $ amount to it?
Looking at KCL and EPO, does EPO has any value yet besides the land claims that they have?
A quick glance would show that EPO is still expensive as far as NAV is concerned, (but yes lots of potential.  Seems that the recent run-up is mostly due to the agreement with the Firdt Nations ( a very big positive though)

POTASH ONE
SOLD FOR $4.50 A SHARE
MC:272.4 MILLIONS $  (REVISED UPWARDS TO $434,382,430. WITH THE SALE)
96,529,429 FULLY DILUTED SHARES

135.8 MT OF RECOVERABLE KCI PRODUCT
80.1  MT OF INDICATED RESOURCES
859.4  MT OF INFERED MINERAL RESOURCES

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ENCANTO CORP.    APPRX. .43 CENTS A SHARE
MC: 49 MILLIONS $
267,601,534 FULLY DILUTED SHARES

000.0 MT OF RECOVERABLE KCI PRODUCT
12.49 MT OF INDICATED RESOURCES
12.29 MT OF INFERED MINERAL RESOURCES

Bullboard Posts