TSXV:EPO.H - Post by User
Comment by
bettindahouseon Jan 11, 2017 6:06pm
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Post# 25696555
RE:Side US
RE:Side USI bought another 50K at the end of the day just because... I have a feeling the market is gaining confidence that Potash Corp bottomed last year and is now getting ready to march much higher; the best juniors will benefit from that. I also think the market believes China will be buying more and much earlier in the year as well which will help the price per ton. Combine the macro picture with all of the positive possibilities Encanto has on the horizon, makes me cautiously optimistic. I've said before, I'm a 6+ year Encanto investor (and I own a lot of POT) and I don't care if I make a killing tomorrow or in 6 months. I believe it's going to happen for Encanto, one way or another. The stars are alligning and we could see even more of a bounce with strong macro fundamentals behind us. Fingers crossed, good luck to the longs, don't try to time it.