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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
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Comment by bettindahouseon Dec 13, 2017 12:46pm
336 Views
Post# 27147953

RE:RE:RE:RE:RE:RE:RE:News out

RE:RE:RE:RE:RE:RE:RE:News outmdj,

I think India shot themselves in the foot by lowering the potash subsidy for farmers earlier in the year. They did that in hopes that they could negotiate lower potash prices with suppliers to offset the costs but the potash price per ton is up year over year. To my knowledge, they have imported less than normal this year and it will just end up hurting farmers and their country's food supply. That's another reason I'm bullish in 2018 because I think there is going to be much higher demand for potash next year in India and there's no other option for them other than to increase imports.  
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Dealroom for high-potential pre-IPO opportunities