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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 Charlie_Chanon Apr 11, 2012 3:08pm
270 Views
Post# 19781930

RE: so, what can we do ....????

RE: so, what can we do ....????

twentytwo:   

 I don't consider myself any more of an expert than the rest of the posters here (the ones who actually own shares).  If I was a wiser man I would never invest money into a Company that does not pay a dividend and does not have a Market Cap in excess of $1 Billion.

 

However Investing in a stock with a return of 10% a year is about as exciting as watching paint dry. Every person who owns shares in EPO or any junior explorer who are not into production is basically buying a Lottery ticket with the hope that the reward will be a 10 Bagger as opposed to a measly 10%.

 

The problem is that we are not Investing, we are Speculating. The "House" is controlled by Hedge funds who manipulate the share price at will and have no usage in determining the fundamentals of a Company. As long as you know what you are up against  and that the rules are not for your benefit, then an investment in any penny stock is reasonable as long as you are prepared to lose 100% of your money. Obviously I don't think it will happen here but who can guarantee anything positive.

 

If you were a family member of mine asking the same question as you did " what then can a small retail investor like us do" , I would advise you to get out of the market completely if you are not prepared for a drastic loss in your equity.

 

However if you are like myself in that you are confident and stubborn that a Company like EPO will make you a sizeable return in spite of the criminal shenanigans by the "House" then I would advise you to look closely at the charts and buy and sell based on the ranges displayed historically. I would also keep a portion of my shares as long-term in the eventuality that this stock comes into fruition.

 

Good luck and don't trust anyone’s advise including mine.

 

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