Encanto Potash Corp V.EPO.H

RE:RE:RE:RE:House Positions Last 30 days

[srpat]

Let's make sure we understand our definitions here. The moderate volume we have had over the last month is people buying and selling shares. Depending on your viewpoint, this churning could be looked at as a positive sign. There are certainly new people or firms involved in trading EPO that were not involved before.
But this is not dilution. And dilution at 4 cents per share may be necessary, but it is not something to celebrate. The dilution should happen sooner than later when management announces a closing of a financing under the terms already released for, my guess, a few million dollars. That will add a substantial number of shares to the float. That is dilution. Necessary to keep things moving and will hopefully lead to selling potash, getting another partner, or coming closer to financing construction of the mine or at least demonstration mine.
Just my thoughts