Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 srpaton Sep 21, 2011 10:22am
270 Views
Post# 19065646

RE: EPO is getting closer to TLE vote

RE: EPO is getting closer to TLE voteThat's not entirely correct. From what I understand, the TLE vote will nearly double the amount of land EPO is able to mine. Of course, that is a huge step forward. However, it will not, at least technically, double the 43-101 as soon as the vote results are released. Encanto does not want to immediately update the 43-101 because they won't be able to immediately double the results of the 43-101. Instead, they will wait until the drill results are in from the 2 additional planned holes and then update the 43-101, which should give a new 43-101 with substantially higher numbers.I say good for management if they stick to this decision, as it would definitely be a disappointment to the market to immediately update the resource (with previously drilled holes with overlap on the TLE lands) with a number that wasn't close to the 90% they have been saying.As a long-term investor, I am very pleased with the follow-through management has taken in recent months. I don't know of any mistakes/poor decisions they have made since the PR fiasco with the original release of the 43-101.srpat
Bullboard Posts