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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 crosenfieldon Feb 14, 2013 11:17am
216 Views
Post# 20988302

RE: So far ....

RE: So far ....

The way I see it... They bought themselves between 12-18 months of cash from the most recent PP. It's been probably 3-4 months already. If the EIS is approved within the next 2 months, I figure the management team has the better part of 6 months to land a JV or buyout deal (signed and delivered). It only took KCL 1 month after their EIS but I'm sure everything was already lined up but the market is not even a shadow of it's former self. Maybe when the chinese NY is over they will start making some aquisitions... 

Has anyone heard how the Ratish advisory hire is going? Who did they bring on to review potential JV deals?

Bullboard Posts