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Bullboard - Stock Discussion Forum 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... see more

TSX:WRX - Post Discussion

Western Resources Corp > Not sure what to make out of this news
View:
Post by Bmw4ever1 on Jul 27, 2021 10:26pm

Not sure what to make out of this news

More delays after more delays and new engineering reports.  Creditors are ok with delay in payments, 

no more wasted $$$ on realestate

honestly ,no sure what to make from this report.
Comment by mdjbrown on Jul 28, 2021 9:12am
Agreed B41 This latest press release is confusing at best as it gives no real projections. Exactly how much is owed to creditors and what is the value of the real estate assets? This has the feel of hey we brought $80 million to the Western Potash  table, moved that cash to Vancouver real estate ventures, then took out a $40 million dollar credit facility, and used very little of that cash ...more  
Western Resources Corp
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