Encanto Potash Corp V.EPO.H

RE: RE: What is it about Potash?

[maaddmike]

I can't say I know much about Jourdan. At a quick glance they look very thinly traded. Average is only about $10K a day. I don't get a great initial feeling from a quick check of their web site. I can't even find a page that lists their management team. I always like to look to see if a company's management team looks credible. They also seem all over the map with their PR. Are they a lithium play, a uranium play, a rare earth play?

They have done a lot of financings lately for small amounts so I took a look at their latest financial statement on Sedar. They have a 'going concern' statement and not a lot of cash on hand. Looks very risky financially.

So sorry, can't help you out much other than to say my initial gut reaction would not have me being very interested in them. But perhaps you have a credible tip that says otherwise.