Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

Chemicals Basic Materials
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
Bullboard Posts
User Avatar Image
(0)
•••
Comment by gramaraon Mar 15, 2017 5:55pm
269 Views
Post# 25984905

RE:RE:RE:RE:Almost no volume!? What's up with that!? Eom

RE:RE:RE:RE:Almost no volume!? What's up with that!? Eom
stocktroll wrote:
I think the market would like to see some Numbers from Encanto. Example how are they going to buy 36 million dollars worth of potash with no money in the bank account.


I could be wrong but my understanding is that they aren't. India (via MMTC) is buying the potash with Encanto acting as the middle man between the supplier and India, and in that role they are taking a fee. MMTC asked Encanto for quotes, so they have to get a price from a third party that they can put in a quote to MMTC and presumably if all parties are happy with the prices, MMTC will make the purchase based on that quote. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities