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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
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Post by calgaryfineon Aug 13, 2020 10:09pm
186 Views
Post# 31406513

Why the project delay?

Why the project delay?
Money not enough? Why earlier raised funds and dilute WRX, and put in Vancouver real estate?
Why a potash company dabble in real estate? Why a Mickey Mouse potash pilot project, with 100% uptake of production, can't even complete?  Why it takes WRX(WPX) so long to start a potash mine?  Why when it almost finished a teeny weeny pilot project, it suddenly stopped?

So many whys....................why?...why?...why?.....
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