TSXV:EPO.H - Post by User
Post by
stockker0on Feb 12, 2014 6:30pm
244 Views
Post# 22202303
FUBell here is the way I see it ..
FUBell here is the way I see it ..the India deal with Mosaic is strickly just a sale of some potash to them at $320/tonne or so. This has nothing to do with EPO.
The insider selling is also just a minor thing as well, sometimes EPO executives have unforseen expenses just like anyone else and needs the money for a good reason. I really doubt that he is throwing in the towel or abandoning the ship, so not to worry about this either.
the unavailability of trains is a widespread problem for all of North America because of all the oil that is being transported by train because of the lack of pipeline availability or capacity. This has a good chance of raising potash prices because it may affect potash availability to users, hence the price goes up .....that is a good thing for all potash producers in a round about way.
I hope this helps ....... EPO is a long term investment and our time will come. I am betting on it, keep the faith.