TSXV:EPO.H - Post by User
Comment by
Virgil31on Dec 11, 2013 3:39pm
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Post# 21996028
RE:Norton Rose Fulbright LLP: The future of potash mining
RE:Norton Rose Fulbright LLP: The future of potash miningThis should hit .14 and stay there. In the spring it will rise to .17 because of the feasability but then it will keep on with its descent. There is only one predictable path for EPO, down. That's all it has done since it was formed. Do you think it will miraculously turn around and start climbing. No, this is descending company. If there was such a thing as ongoing negotiations for an offtake the market would catch whiff of it and start moving accordingly. There is nonofftake. K&S are going through with their mine. KRN has almost half the funding for their first phase. I don't believe the pumpers, they are pumping because they bought in the teens. They have false hope. I'm realistic. Yes in 30 years they will have a mine. I would never have guessed the price would be this low back in April when I bought. How times change? That's life though I guess.