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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 FreeNorthon Jun 02, 2016 9:39am
171 Views
Post# 24926314

Are the regulations a big deal?

Are the regulations a big deal?
Muskowekwan To Become First Band in Canada to Get Mineral Rights on Own Reserve Land https://sfnedn.com/2016/05/02/muskowekwan-to-become-first-band-in-canada-to-get-mineral-rights-on-own-reserve-land-by-april-roberts-and-heather-exner-pirot/   
In 6 words - "Yes, it is a big deal"
It is 2016, and Muskowekwan will be the first band to get these "mineral right regulations".  You can ask why it has not happened before; I can just say that there was not the desire (or demand).  This effort was initiated during Stephen Harpers term, he was behind it (I believe 100%),  Trudeau is behind it 100%.  It requires "Royal Assent".  These regulations do not seem to be some back room bureaucratic requirement.  This is big!  You can tell by who is involved.  You can tell by how many centuries (decades) it has taken our society to get first nations here.
Kudos to Muskowekwan and to Encanto, for whatever they contributed to the effort, for getting this to this stage.  Let’s hope that when it is finally official we see the share price increase (even a solid penny would be appreciated).
Good Luck to all long term investors!
 
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