Encanto Potash Corp (EPO)

[SPARK]

Brien Lundin, in the December, 2011, to January, 2012, edition of the Gold Newsletter, says buy Encanto Potash Corp., recently 25 cents. Encanto owns the Muskowekwan potash project in Saskatchewan. To proceed with its plans for the project, the company must complete the treaty land entitlement designation process for it. This requires getting the vote of the Muskowekwan First Nation. On Nov. 26, 2011, 547 Muskowekwans came to the polls, and 80 per cent of them voted in favour of the project. Unfortunately, 547 did not make the quota (half of the Muskowekwan population plus one member) to make the vote valid. The Muskowekwans must vote again in February. Neither Encanto nor Mr. Lundin is worried, because the project does appear to have the support of the locals. In addition, only a simple majority of participating voters will be required for the second vote. Recently, Encanto arranged and completed a $2.97-million private placement with the first nation, at 23 cents. The Muskowekwans now hold 12.94 million shares of Encanto