Post by
Trisha123 on Jan 16, 2024 11:01pm
Hello. MFN here.
It seams that you all have alot of questions. As a MFN i also have alot of questions. The joint venture allows Encanto 99 years claim to the potash under our ground. The problem they are facing is that alot of the land that was purchase is still TLE land. Is hasnt been converted into actual reseve land. That isnt the only one issue. I dont think they realized all the hurdles they have to go through. As a MFN member we have not herd of any progress on this joint venture since i would like to say 2017. Even then it was just about all the TLE land they purchase with all our trust fund money and the process of getting that land switch over to actually reseve land. I didnt even know we were still going theough with this until another member mentioned it. I had to search online and find put about the recent update to the project.
Now that being said. Im not confident in this venture or our leaders but i will buy shares into it just to keep my eye on it.
Comment by
Trisha123 on Jan 17, 2024 9:48am
Quick update on that TLE land. I guess our leaders made the mistake of taking out loans againts some of the land they purchased and until those loans are paid in full they can not convert the TLE land to actual reserve land. Gonna be a long one but hey.... they have 99 yesrs to figure it out
Comment by
Freedom2022 on Jan 17, 2024 1:36pm
Thanks for trying to update us , nice to hear from a local ,, imo They, being previous managment epo knew excactly what they were doing ,, fleesing us with nothing but positive News from Ottawa all the way to india,, All levels failed , We suffer for it,, ITS ALL OVER ! DONE! sorry to say we wont be alive if this ever works out,,, cheers!
Comment by
mdjbrown on Jan 19, 2024 4:22pm
F2022, unfortunately EPO's fate was sealed when insiders put the Horgen Agreement together as it favoured very few with the exception of those in the priveliged circle. It was a clear behind the scenes sign as to the direction this one was headed.