TSXV:EPO.H - Post by User
Comment by
maaddmikeon Mar 25, 2011 12:07pm
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Post# 18340836
RE: RE: RE: RE: RE: RE: Close at $.50
RE: RE: RE: RE: RE: RE: Close at $.50RY commented: Most potash plays became overbought to unsustainable levles on the backs of BHP-POT and subsequent hysteria. As an example AAA ran to $2.40 before a stiff correction to $1.50
EPO is down about 33% from it's 52 week high. In comparison, AAA is down about 25% and PPI down just over 50%. So it has been pretty much across the board for the Potash juniors.
I think you will see all of them ride a wave back up again this year solely due to positive sentiment on Potash in general. Beyond that it will depend on specific company news to see which, if any, really fly. Let's hope EPO can build on the recent RE and be one of the high flyers.