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Whitemud Resources Inc V.WMK

Alternate Symbol(s):  WHTEF

Whitemud Resources Inc. is a Canada-based company engaged in holding mineral rights to exploit a kaolin deposit in southern Saskatchewan, together with a processing facility located on the property. The Company’s product, Whitemud (MK), is a cement-grade metakaolin that enhances the performance of cement for oil and gas wells and construction applications. Its segments include Metakaolin and Commodities. The Metakaolin segment is focused on mining, processing, and marketing kaolin and metakaolin. Its Commodities segment operates through Midstream Energy Partners, which is engaged in marketing and logistics of liquefied petroleum gas (LPG) commodities in addition to its kaolin and metakaolin products. It uses a process that minimizes environmental impact. Its mine and processing facility at Wood Mountain are located near Assiniboia in Southern Saskatchewan, which is approximately 225 kilometers southwest of Regina and 55 kilometers north of the United States border at Opheim, MT.


TSXV:WMK - Post by User

Post by fearlessggg1962on Dec 16, 2020 7:05pm
153 Views
Post# 32124798

$0.50 per share?

$0.50 per share?Hello Jackpot,

The sale of that plant and property in southern Saskatchewan will fetch way more than $0.50 per share if we could find the right buyer. Lafarge, BASF, Heidelberg, Cemex and numerous oil servicing company who might have a strong fracking division. Kaolin improves compressive strength and yet reduces cost per unit of concrete. So it is just a matter of time for Kaolin to find the niche in thee market place. WMK is way more than Kaolin now, marketing commodities is also a nice niche WMK found and expanding on that strategy will be very lucrative as well. I wish to thank our leaders from downtown Calgary for sticking their neck out for this company and creating values for the shareholders.The strategies implemented 3 years ago are slowly bringing new opportunities and I am sure will benefit all shareholders.

Regards,


Fearlessgg 
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