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WESTERN POTASH CORP T.WPX

"Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada. The Company holds interests in the Milestone Project located in Southern Saskatchewan."


TSX:WPX - Post by User

Bullboard Posts
Comment by more2comeon Jun 23, 2011 7:35am
412 Views
Post# 18754486

RE: RE: RE: SP moving!

RE: RE: RE: SP moving!Thanks for the link !
i´ve searched for the amount of recoverable kci depending Allana.
(am i right remenbering that MAA had around 78 Millions of recoverable KCI and around 600 Millions of shares ?)

Allana says:

expected,

= 82 Million tonnes of recoverable KCI at a extraction ratio of 60 % including possible losses,
( at a average grade of 19 %, quite optimistic these desert-guys)
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wpx resource estimate says:

expected,
  • Measured Resource: 637 Mt in place sylvinite grading 30.47% KCl (64 Mt of recoverable KCl)
  • Indicated Resource: 1,857 Mt in place sylvinite grading 30.35% KCl (180 Mt of recoverable KCl)
  • Inferred Resource: 8,907 Mt in place sylvinite grading 30.31% KCl (701 Mt of recoverable KCl)
945 Million tonnes of recoverable KCI at a extraction ratio of 35% (usual) including possible losses,
(average grade 30+%)

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anyway,i wouldn´t be surprised too if dundee buys allana,especially after this "upgrade",
cause i think they did it already several times, not only in the past few days.
but´s thats only my opinion,the world is always presenting surprises,let it roll.









Bullboard Posts