Encanto Potash Corp V.EPO.H

RE: @ what price

[jbbigboy]

That's been the question on my mind, as well sheep.
Its really hard to know what the ceiling would be as the resource estimate is unknown.....
Was looking today at EPO's corporate presentation on their webpage...its been updated to include all Musk. info/data.
I would take a safe guess that our res. estimate would match API's and could be slightly larger .... If BHP paid 340 million for API...I would guess that EPO would at least match that ....
EPO's mine would be underground and would be comparable to POT's and AGU"s mines in the area.....
There are quite a few unknowns so its hard to say how the market will price in EPO after the resource est. is released....
I'm thinking we'd see a rise to around 0.60-0.70 by mid Q1 ...... I would consider selling some of my position at that price but I also feel that EPO could easily by over a dollar by Q2-Q3 so it may be very worthwhile to hold on through the volatility as well.....depends what mgt. has planned for 2011....
I feel potash prices could see a strong surge in Q1-Q2 .....to maybe as high as $600/t ......EPO would obviously benefit a great deal from this kind of rise in potash prices in 2011...wish my crystal ball was working !!!