TSXV:EPO.H - Post by User
Comment by
srpaton Mar 27, 2015 9:05am
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Post# 23567932
RE:AAA bought out
RE:AAA bought out
I am encouraged by seeing any activity in potash juniors. $137 million isn't a bad offer considering where the potash juniors have been and how many more hurdles they have to overcome that didn't exist 5 years ago. 10-20% sp premium isn't much, but a price tag of $137 is a good ballpark for EPO to be once offtake is released. Maybe the ICL offer will spur speculation for EPO as April 14th comes closer. Certainly the volume has been there the last couple of weeks. Now all we need is for whatever entity holding down the price to let it start to climb, and then stay higher.