TSXV:EPO.H - Post by User
Post by
SHARKFACEon Feb 20, 2012 3:34pm
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Post# 19558297
value $1.68/mt
value $1.68/mt Encanto Potash has land tenements and exploration rights in the heart of the most prolific potash basin in the world. Encanto's market cap is equivalent to
.54 per tonne of recoverable KCl vs. the median of comparable junior potash explorers/developers of $1.69/mt, representing a 68% discount. Applying the median valuation would value EPO shares at
.47/share on a fully diluted basis for a potential return of 147%. This does not include the significant upside potential from the TLE lands.
this paragraph was borrowed from a dundee report.
-what is encanto worth with all these new lands ?
-with a rumoured potash corp joint venture on one property ?
-nothing but up side on this company going forward !!!!!!!!