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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
Post by riche_6on Feb 02, 2012 10:30am
236 Views
Post# 19479274

Re: Latest News

Re: Latest News

This news is a bit of a double edged sword: 

Pro - More land up for development adds company value. 

Con - More shares issued to a partner is a dilution of value.

Con - To a certain extent this could change the up-coming vote dynamic

Pro - Greater ties with the Nation should be a more coherent partnership

 

My hope is the voters agree that the added land doesnt change the deal enough to change their vote.

Bullboard Posts