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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
Post by RetiringYoungon Apr 28, 2015 2:37pm
180 Views
Post# 23672725

V.EPO top gainer

V.EPO top gainerBobby instead of trying to blame others for you being here, why not be honest? You posted that EPO had 5.5M in insider selling to an institutional investor (it was actually more and not in the market) and I simply pointed out that you purposely left out the fact that Management and major investors were buying 9M+ shares. It's there for anyone to read.I didn't bash AAA even though they sold out long term investors like yourself, locking in irretrievable huge losses. Those aren't the paper ones btw. I don't sit there all day and point out how AAA management worked over all the previous pp holders, I wouldn't have even been there except to correct you slagging EPO managment. But Bobby obviously hates to be ignored....

Interesting article below shows EPO as the top gaining potash mining stock on either the TSX or TSXV. Funny how they show AAA #1 with a 42% gain and EPO 2nd with a 60% gain year to date. Maybe Bobby does their accounting?

Now that's kinda funny, AAA gets bought out with a single lowball offer and EPO beats them in sp appreciation with a "fluffy NR" and the big news still to come.

Do you think we might double and double again before AAA :0)

Now, don't be bitter....remember your blood pressure meds....

https://potashinvestingnews.com/11943-3-top-gaining-potash-mining-stocks-on-the-tsxtsxv.html


The first quarter of 2015 hasn’t been the most positive for the potash space.

With the global potash price war creating uncertainty in the industry, the deal between China and Belarusian Potash Company creating a benchmark price lower than producers had hoped for, the less-than-stellarprice outlook from Macquarie Group and theSaskatchewan government’s decision to double its take from the potash industry, it’s been a tricky time to be involved in the market.

Still, some companies have managed to see some major share price gains, with a couple increasing by over 50 percent year-to-date. Here we take a look at the three big gainers on the TSX and TSXV so far this year and what they’ve done to get the attention of investors.

1. Allana Potash (TSX:AAA); up 42.65 percent to $0.49 year-to-date on the TSX

After seeing positive results from a preliminary economic assessment on sulfate of potash production at its Danakhil potash project in Ethiopia, Allana Potash entered into a definitive arrangement agreement to be bought by Israel Chemicals (NYSE:ICL). Allana’s president and CEO, Farhad Abasov, said at the time that the deal, which is worth $0.50 per share, or $137 million, will be to shareholders’ benefit.

2. Encanto Potash (TSXV:EPO); up 60 percent to $0.12 year-to-date on the TSXV

Encanto has been looking to make some big deals, announcing just last week that its long-term potash offtake proposal with India is being presented to management at Rashtriya Fertilizer Company for approval.

The company also received an expression of interest last month from Fengate Capital Management to undertake the development, construction and financing of a power-generating station for the proposed potash mine and processing plant to be built for its Muskowekwan project in Saskatchewan. The company also announced Monday that it has increased a previously announced private placement to 17 million units due to excess demand, which speaks to the interest it has been garnering from financial supporters.

3. Sennen Potash (TSXV:SN); up 56.67 percent to $0.47 year-to-date on the TSXV

Sennen Potash started off the year right with some positive assay results from its Monument potash project in Utah. They confirm high-grade potash mineralization of 46.1 percent KCI (29.1 percent K2O) over a thickness of 6.3 meters. A second, previously unknown potash bed was also uncovered.

The company has also been taking steps to raise money, first by consolidating shares and then arranging a private placement to raise gross proceeds to C$3 million. The private placement will consist of 12,500,000 units priced at $0.24 per unit and will consist of one common share and one share purchase warrant.

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