Post by
cheynethemachine on Nov 23, 2013 11:44am
Western Potash actual mining dates
Hey just doing some DD on this company. Thay look like they are still in exploration mode, does anyone know when they will (or plan on) actually making some money and starting to become profitable?
At 38 cents a share, the market must be really discounting this company and may be looking at it actually not becoming profitable at all. I am interested in the book value on this company as well, anyone know that. I have not been able to find a good calculation on it.
Thanks
Andrew
Comment by
jonathanRdeC on Nov 23, 2013 12:02pm
Well my friend, book value does not apply to junior mining stock. They have nothing. For your other question, Junior's are beaten all around. Some will fail and some will triumph. It's a game of faith right now.
Comment by
woundedknee on Nov 25, 2013 12:50pm
They everything in a nice neat package...all they need is someone with three or four billion to chuck in the kitty and they're away.
Comment by
iwh0 on Nov 26, 2013 10:14am
Yeah .... 32M $ deal @ .71 Canadian Investing @ wrong company and wrong time 50% lost after 6 months of investing ... I thought that Chinese would not jump into this kind of company.