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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
Comment by Newbernon Jan 05, 2017 8:44am
129 Views
Post# 25669449

RE:My Understanding

RE:My UnderstandingThis seems to be such a unique arrangement. What I mean is that the recent MOA is geared towards "eliminating middlemen". This is a real partnership which I assume allows all finances between parties to be transparent.

This would be equivalent to the hospitals I sell products to knowing the actual cost and margin of the manufacturer as well as the profit I make as a distributor. I doubt this happens much, especially between two countries.

Daskos is really a genius at understanding India's import and distribution along with FN's as a supplier. Setting up this type of arrangement probably doesn't happen that often. He has a unique skill set to say the least.

The talk of EPO supplying potash to MMTC from a third party source seems unique as well. This arrangement would pay the bills and get the FS / financing completed. These people have stated this intent; these are their plans - wow! A few months ago the talk about this actually happening was doubtful.
Bullboard Posts