Encanto Potash Corp V.EPO.H

Too many shares outstanding...PERIOD

[Ryty]

The market caps are in the same ball park, even though PPI is being bought up on mostly speculation with remours going around they hit a huge stockpile.  They have 106  mill shares out while we have 295.  Their market cap is say ~ $30 mill higher.  Allana ~ 330mill.  We need to see a huge resource to be considered price competitive to AAA in terms of getting the stuff outta the ground.  (guess we could always hire Johnny and his green gummy bear).
What I dont' get is that the whole Holebrook Basin is estimated to have 2.5 bill max potash.  Yet the F-ing market is pricing PPI as if they own the whole friggin basin.  I think PPI shareholders are in for a huge wakeup call.  SASK has an estimated 80+ billion tons of potash, and that's just in the so called "mining zone".  We haven't even touched the surface of what is available in SASK.  So logically, this doesn't make any sense. 

Anyhow, this thing better move soon as there are better opportunities in the gold sector and rare earth's then with waiting for Walchuck and Johnny to get back from the spa.  Still holding well over 100k but not sure for how much longer.  Then again, this is a game of patience and every time you want to press the sell button, review your DD and then take a walk.  Clear your mind and my gut still says hang on.  Fundamentals will eventually win out vs. the speculation that others are enjoying FOR NOW.