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 calgaryfineon Aug 19, 2020 1:34pm

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Post# 31429467

Western Potash used to be the crown jewel

When the Chinese "bought" over, it went downhill quick. Delay after delay. Overnight it became a property invesment entity. What in the world, a potash mining company morphed into real estate. Money raised is meant to construct and finish the potash mine. Instead it was diverted to real estate. Who allowed this to happen?

Worldwide crop failures due to act of God. Kim Jong Un asked N. Koreans to surrender their pet dogs for food. The pent up demand for potash is just around the corner.

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