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.

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Western Resources Corp

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Post by bmw4everon Apr 21, 2018 5:34pm

85 Views

Post# 27922180

Interesting

thank you for the explaining everyone, interesting to see other chineese banks dish out more money in Phase2 and 3. the have signed many memorandum with the biggest chineese banks. but anyhow, its a step in the positive direction while they are preparing the mine site.... I believe WRX operation is different than Potash one (german acquired) . WRX mine will be built much quicker than Potash 1.. Interesting to see how trading will open up in Germany in the morning Before Toronto Opening.

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