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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 oldsalt72on Mar 27, 2024 4:00am
128 Views
Post# 35954671

RE:RE:Interesting comments tonight ......

RE:RE:Interesting comments tonight ......Not a very opptimistic picture Wiser.
45,000 tones might be about 0.5 meters in the pond. The product from the earlier mining might have been salt.Hardly enough to start production??
For 15 years i have recommended against conventional ponds since they are monsters to control. At 3.5m^3 per minute feed, it takes about 50 days for one turnover. There is no way to keep NaCL.2H2O from precipating in cold weather, in the bed and on pumps and piping.
NaCl must be controlled. Seasonal evaporation and precipitation as well as submerged combustion add to the complxity. The mining plan is no better than at Moab and needs serious revision. 
Add a little science and it will work. But that means change. Those changes will reduce costs and complexity. 
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