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Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

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

Comment by mdjbrownon Aug 04, 2020 9:53pm
151 Views
Post# 31364707

RE:RE:Maybe they are trying to tie up loose ends

RE:RE:Maybe they are trying to tie up loose endsclassicact, that information can be found in the last corporate financials / MD&A reported May 15, 2020 on SEDAR  -  Page 15 under "other"

Quarterlies should be due out any day now, so it will be interesting to see if those obligations have changed in the past 3 months.

Hope we get some kind of a positive update on financing progress soon.

Hard to move forward when so many contractors have their hands out for payment for services already completed.
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