Encanto Potash What to expect

At this time of the year i would tend to imagine nothing else will ever happen this year.

Potash price is not what's needed to build a mine and financing is not available for projects of this size (over 2B$)

So, even if they have a signed agreement for supplying potash and even if they a financing up to 100M$ (diluting the company that much), timing is not the one needed.

So do not expect anything out of EPO for some very long time.

But at actual price, if you do have some dimes to spare on a very long shot, it may be interesting.

I would suspect share price to get into 3 cents or even a bit lower so don't invest the barn on this one.

ALERT TRADER RAD

Actual trading pattern and bid increase tend to indicate a reversal pattern with high resistance in the 1,80$ level.

If that level gets cleared, expect 1,89$ rapidly

WOW........

Returning from vacations and looking at some interesting points:

1) Rite Aid........What the hell happen.........looks like a short attack to me. Simply incredible to see that Corp trading at this level. Unless there is something that i am not aware it is actually well oversold and totally undervalued. Right quarterly numbers were very bad but i think management spent too much time on selling half the stores than managing the company to get back profit. That time has come: get the profit back in and put RAD back on the profitability radar.

2) Gold and silver: not much changes and still not many disruptors on the market at this time.

3) OIL: This is a very interesting one. The sector has been oversold for a long term and i think it is getting ready to explode.

4) Market in general seems to continue marching toward gains and gains and gains.

I would not be surprised by a small correction very soon so don
So major profits made? Get some profit off the table

Vacations

Please note that i am still on vacations and will be back on October 16th