Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by blackwood2002on May 13, 2014 11:17pm
532 Views
Post# 22558564

RE:RE:RE:RE:RE:RE:Russia sanctions

RE:RE:RE:RE:RE:RE:Russia sanctionsTheinvestor . Your Lack of patience is not unjustified but not necessarily indicative of potential issues surrounding WPX mgt ability to get a deal done. Your statement itself speaks to the potential complexity of putting a del together. Think for a moment of stick handling around the governments concern about national interests in resources becoming held by foreign entities given past experience in many resources in canada. How many players are needed to negotiate an ownership/debt financing/ equity or any combination of the three to avail the successfull completion of a deal without interference of government or other bias parties? This long period of silence could easily mean the process is well under way and not communicating any details is to ensure the successfull resolution of said deals. Letting the cat out of the bag early could risk it falling apart. Obviously if there was a potential buyout suitor in play they would be quite as not to inflate the stock on speculation as we have already seen happen. Of course the negative view are talks are strained or have fallen apart . If this were the case then you may expect mgt to be much more aggressive in courting other suitors for a buyout. Mgt isn't flying around the globe courting suitors ..they're staying put for the most part. If the promise of "the mine will be built" is truly their goal and will provide much more long term value for shareholders vs. a buyout then the time taken to ensure our interests are protected is not of concern for me. I'd rather a $20 sp in 10 years vs. a $2 buyout tomorrow. 
<< Previous
Bullboard Posts
Next >>