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Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Chemicals Chemicals
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

Encanto Potash Corp
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Comment by RetiringYoungon May 04, 2015 10:09am
307 Views
Post# 23690920

RE:RE:EPO Fair Value Calculation...conservative estimate!!!

RE:RE:EPO Fair Value Calculation...conservative estimate!!!
go.faster@ymail.com wrote: Correction...I forgot taxes and royalties...cost per ton FOB Vancouver is $225...sorry!!!


If you use 400M shares out and these taxes and royalties at full production (2.8mmtpy) you get $7/share. You have to wait and see how they finance the mine. Canadian banks, US institutional money, Cdn government involvement, India banks, FN involvement?

Also, as already stated, what does a company that owns 20% of KRN have to do with an unrelated consortium of companies that will own 0% of EPO? The fact that they're simply both from India seems a tad racist.

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