Encanto Potash Corp V.EPO.H

Alternate Symbol(s): ENCTF

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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.

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Encanto Potash Corp

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Comment by Cacheitupon Mar 31, 2014 10:43pm

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Post# 22393272

RE:RE:RE:RE:Encanto

Ok. Thanks for clearing that up. For a moment there I thought you were a pie in the sky dreamer.
Dilution will occur. I personally think 70/30 is the best anyone can hope for.

i agree with RY's assesment that no junior will build in SK at a price less than $400 a ton because on top of a FOB price there will be at least a $120 per ton cost to capital and interest payments.
At $400 a ton that still allows for a high profit margin.

As you pointed out a strong offtake is key. Especially if it involves skin being put in the game by the Indian consortium

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