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Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Encanto Potash Corp. is a Canada-based exploration and development company that is focused on potash properties in the Province of Saskatchewan. The Company is focused on the development of Muskowekwan First Nation (MFN) reserve lands located approximately 100 kilometers north of Regina, Saskatchewan. The Company's wholly owned subsidiaries include Encanto Resources Ltd and Encanto Trading Corp.


TSXV:EPO.H - Post by User

Bullboard Posts
Comment by BiggerChiefon Jul 05, 2011 5:32pm
192 Views
Post# 18798377

RE: RE: Buying 50,000 more shares

RE: RE: Buying 50,000 more sharesThe harder they keep on falling the longer they will keep on falling.
case in point below I say.
***********

I am ready to add to my rather large EPO position of another 50,000 shares.


Just looking at some back-of-the-napkin Math i learned from grade-1,  I am anticipating a rather HUGE LOSS.


I buy 50,000 shares at $.23 = 11,500


When EPO climbs to its anticipated value in relation to its peers

Then I sell my 50,000 shares * $.90 = $45,000 (my math sucks)




Giving me a rather tidy profit of $33,500  ( im dreaming in colour as you can see)


You can take that to the Bank!!!!


mytry ( a disgruntled bagholder)
Bullboard Posts