TSXV:EPO.H - Post by User
Comment by
Rytyon Jan 17, 2011 8:10am
264 Views
Post# 17982338
RE: RE: RE: RE: RE: RE: RE: Revaluation
RE: RE: RE: RE: RE: RE: RE: RevaluationYes but the only problem with your "Revaluation" theory is that just because the company get a res. cal/est doesn't mean it belongs to them yet. The FN vote is still a VERY IMPORTANT part of this company's success. Further, the FN company that is in the joint venture with EPO still has a stake, albit a 3%NSR, but still affects value.
Lastly, Jiggboy, don't you think that they have calculators when determining a res. est.? You make it sound that there are 10,000 people out in the middle of the prairies counting potash sample " oh here's some, we can add that to the res. cal guys". Come on. Don't be so overly blind. We all can still get screwed here. And I can tell ya right now we don't have anywhere near 1.0 Billion resource in the ground. If we have 200 Mill I'll be happy and that might push the share price to 0.75 cents at the most. Guys who think we have 500 million are dreaming. Don't you think that the HUGE producers would have been all over the FN before to try and work out an agreement with them if they determined that this FN group was sitting on such a Massive resource? OF COURSE THEY WOULD!. And to compare EPO to KCL is BS and huge joke. Their outstanding shares where way less than half of what we had. So if there ever was a buyout, we'd be lucky to see $1.75 to $2.00 bucks... PERIOD!
Also everyone seems to foget that despite the fact that there are only 2 junior's left here in SASK, all the big boys that have producing mines very likely have lands that they have not fully explored yet but are in their inventory! So if POT wanted to go and add capacity they could just start driller and find more resource and BINGO...No one ever talk about that! Why? Cause it doesn't play into your intimate fantacy of a $30 share price for EPO on one tiny piece of land that they drilled.
Anyhow, 50% of the people on this board a JOKE! Post something of meaning instead of "oh this stock is going to allow me to build a rocket so I can go to the moon"... Have fun Turkey! Post some material of interest so we can all learn or do DD etc.
Good luck all and thanks listening my Rant!