TSXV:EPO.H - Post by User
Comment by
metakit1on Apr 15, 2016 2:55pm
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Post# 24772602
RE:a profound change...
RE:a profound change...waterbug wrote: has ocurred and it seems to have been lost in the shuffle.Some seem to have a "shows over go home attitude". So listen up folks... Encanto now has the ability to "immediately" secure and sell through MMTC (an absolutely huge government owned company from India) world wide Canadian potash sourced from whomever untill its own project comes on line for many many many years exclusively. Let this not be lost in the "its just an MOU" circles. This is real product not fluff and hype which will generate real cash flow and profit.Stavros Daskos is obviously on his game here and has not gone to sleep now i assure you. I expect more ...much more very soon. The magnitude of all of this... the involvement and commitment of governments etc is a bit hard to appreciate but its real and though the day traders are shaking out like fleas, dont just stuff a lid on it because it wont hold. This development has barely even shown up on the mining news sources etc. yet and there is going to be some smart people perking up their ears here and seeing with a vision us little guys rarely have.
It is a profound change and makes them essentially a worldwide agent with a defined set of contractual conditions. It changes the game and reduces the financing risk. This is also a leg up on many trying to break into the market. This is the most positive release to date without question (although I said that with the RCF going to the board release). My concern always with India is what are the steps to signing a contract. My sense is that although the word immediate is used, it is an MOU, not a contract.