Post by
Wisee on Mar 22, 2014 11:30am
EPK - A Five Bagger
As one of the oldest members on Stockhouse, I have seen everything.
EPK possesses a 500% investment opportunity that does not come along too often.
I strongly believe a major potash producer or Compass Minerals (CMP on NYSE) will buy EPK at >$1.00 within 18 months.
Twelve Reasons Why:
1) Limited global supply of SOP
2) China - a major producer of SOP is still an net importer
3) Relative low CAPEX
4) 30 year mine life with potential for expansion
5) SOP prices trade at a premium as compared to potash
6) Attractive Margins- a low cost producer
7) Average depth of minerals is only 20 meters
8) Close export infrastructure
9) $40 million spent on drilling and studies
10) Existing SOP and potash mines within 3 hour drive
11) Safe jurisdiction (Utah)
12) Growing world-wide food challenges
Wisee