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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

Comment by fearlessggg1962on Dec 18, 2020 1:08pm
101 Views
Post# 32140819

RE:fearlessggg1962

RE:fearlessggg1962Hello Jackpot,

You are absolutely right when you say about cleaning up the Whitemud debt is a very powerful moving forward. That is why i did not sell any of my 900,000 shares. Why would I? When I know that these good folks can write off $20M worth of debt in a snap, where they could have kept that debt in the books for many more years without blinking an eye. This is a very powerful sign that they want this company to succeed and i sure hope that they will make tons and tons of money. I am only riding their coat tails. So my take on this move here, we have something big coming up and there were many reasons for Stan and the Petrogas group took over the company during the bankruptcy proceedings of many years ago and they diligently kept the doors open for all these years. So whenever this stock will start moving up, be ready we will get this board full of pumpers and Nay Sayers and they will talk more than likely negatively about the management being tight lips over the direction of the company but those people will be penny flippers and I am not one of them. So be ready for hearing all sorts of things on this company.

Regards,

Fearlessgg
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