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Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Chemicals Basic Materials
Western Resources Corp. is a Canada-based resource company. The Company is mainly focused on the development of its Milestone potash project (the Milestone Project) in Canada owned by its subsidiary, Western Potash Corp. (Western Potash). The Milestone Project is located approximately 35 kilometers southeast of Regina in Saskatchewan, Canada. The project includes approximately 84,557 acres of Crown held Mineral Leases and approximately 65,305 acres of acquired Freehold Leases. The Milestone Project is constructing Phase I of a potash mine. The Company completed the drilling of 11 potash exploration wells on project property, completed several hundred-line kilometers of 2D seismic study, and conducted a 3D seismic study during the exploration program. The Company has no mineral production that yields any revenue.


TSX:WRX - Post by User

Western Resources Corp
Bullboard Posts
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Comment by MikPreciouson Apr 19, 2017 9:29am
297 Views
Post# 26136328

RE:The ownership here is not for $ investment .....

RE:The ownership here is not for $ investment .....Exactly! They will drop the price down to buy into personally later. I think its an exaggeration of delisting as they have a lot of cash in hand but I do believe this stock has a lot of downside left.  Its going down bleow 50cents easily as their is no prospect other than this one and potash price is just horrible. Put in the shelf and wait for a long time. I sold most of mine thank God before the consolidation.  I will probably buy into it once it reaches around 25cents. 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities