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Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Chemicals Chemicals
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

Encanto Potash Corp
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Comment by PatriotWayon Mar 01, 2012 10:48am
204 Views
Post# 19610698

RE: getting too high?

RE: getting too high?

I'm encouraged by the volume calming down.  I was expecting a sell on news scenario with the vote and am encouraged by the way it has held up.  The run - up was overdone on something that had been priced in for quite sometime.  The buying was irrational.  I am expecting sideways movement until momentum builds on upcoming drilling news.  I would expect sell on news for the resource update though.  It seems on hyped juniors such as this one that the resource estimates can never live up to expectations or are priced in before their release.  Do what you want with your money though.  I am holding. 

 

PatriotWay

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities