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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

Comment by Aim2smiteon Mar 10, 2017 5:32pm
145 Views
Post# 25966335

RE:RE:RE:RE:RE:WPX reverse split

RE:RE:RE:RE:RE:WPX reverse splitPeople most often focus too much on the reverse split but ignore the fundamental of the company. This is a company with 70 million cash and a proven reserve. Reverse split or not, this is the fundamental that we investors may want to focus on. True, the stock is down almost 50% from the recent high but keep in mind that fundamental still hasn't changed. Moreover over 60% of the outstanding shares are still held by insiders. With a current market cap of only 80 mil, this stock is poised to go up eventually. I hope that all the weak hands got shaken off in this recent down draft and it will run higher than last time when the time comes. That day hopefully will come soon. GLTA
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