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Bullboard - Stock Discussion Forum Encanto Potash Corp V.EPO.H

Alternate Symbol(s):  ENCTF

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... see more

TSXV:EPO.H - Post Discussion

Encanto Potash Corp > News Release
View:
Post by coulson8916 on Mar 03, 2022 1:36pm

News Release

There's a news releases posted on SEDAR regarding the termination and settlement of the Horgen Agreement.

My favorite part of the release is when it says:

The Company's Joint Venture Agreement with Muskowekan Resources Limited is in default and the parties are negotiating a resolution. There is no assurance that a resolution will be attained. And even if a resolution is attained there is no assurance that the terms will be favorable for Encanto and its shareholders.

Just when you thought management could do even less for shareholders.
 
Comment by talisman47 on Mar 04, 2022 2:35pm
I think for legal purposes they have to word their statements like that. When they are saying they are negotiating something they can't word things as if they were trying to promote a positive outcome when it hasn't happened yet. All the SEDAR documents use that kind of language. The Horgen group under Stavros were not able to make things happen which is disapointing for me for all the ...more  
Comment by bettindahouse on Mar 04, 2022 3:01pm
I agree. If the war doesn't result in a quick ending, Europe, North America and other allies will be completely changing where and how they buy for the long run. The fundamentals couldn't be better right now for Encanto. If our management was prepared, they would have been treading water all of these years waiting for a moment like this to strike. My fear is they went all in too early and ...more  
Comment by coulson8916 on Mar 07, 2022 10:06pm
Got an email from the company that they expect the stock should start trading March 10, hopefully this happens but this is the first time their shareholder support has really answered any messages since I emailed them in November so maybe it's a start.
Comment by talisman47 on Mar 08, 2022 2:05pm
Same for me. I have sent emails to the company about every 3 months for the last two years and no response. Finally, a couple in the last week. The last saying they expect to be trading March 10. Hopefully, it happens  and it starts some positive movement in the company.
Comment by Partwaythere on Mar 09, 2022 8:36am
Interesting ! Thank you Curious on Mar 10th; if we get volume - hard to see anyone wanting to buy.  Hopefully, a very hopeful good news PR to go along with Mar 10th. I still believe a Design-Build-Finance-Operate-Maintain (DBFOM) model is the best way to get this mine built and running.
Comment by cocobeware on Mar 09, 2022 10:14am
There's EPO news out on stockwatch.
Comment by Bobby444 on Mar 09, 2022 11:05am
  Encanto Potash reinstated for trading   2022-03-08 19:57 ET - Cease Trade Company Rescinded   Further to the TSX Venture Exchange bulletin dated July 8, 2021, the exchange has been advised that the cease trade order issued by the British Columbia and Ontario securities commissions dated July 7, 2021, has been revoked. Effective at ...more  
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