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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 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 Company owns a 100% interest in the Milestone Project located in the province of Saskatchewan under various property leases. The Milestone Project includes...
approximately 84,557 acres of Crown held mineral leases and 65,305 acres of acquired freehold leases. The Company is constructing Phase I of the Milestone Project. The Company also invested in real estate development projects in the Greater Vancouver Area through limited partnerships. 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 project exploration program. The Company has no mineral production that yields any revenue.
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Bullboard (TSX:WRX)
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(5)
•••
frostback
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Comment by
frostback
on May 02, 2022 1:09pm
RE:WRX on the roll
Calgaryfine – great optimism and I hope you are rewarded with out having to wait multiple years. Need to produce to take advantage of off take agreement? As far as the public knows the downhole
...more
(3)
•••
classicact
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Post by
classicact
on May 02, 2022 9:17am
Pretty tough terms but no choice.
a six-year term loan facility of up to USD equivalent of C$85,000,000, at an interest rate of 12.5% per annum. the grant of a 1.5% royalty based on the gross revenue of the Project to Appian
...more
Energy Co Unveils Q3 2024 Results: Record Growth & Strategic Expansion
posted Nov 21, 2024 9:00am by
Coelacanth Energy Inc.
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|
In Q3 2024, Coelacanth started the construction of its planned $80.0 million infrastructure project that includes over 35 kilometers of pipelines and a facility to handle current behind pipe volumes and future expansions. Ultimately the facility will be able to handle approximately 16,000 boe/d of which Coelacanth has approximately 4,400 boe/d tested but shut-in at the 5-19 Two Rivers East pad ...read more
(1)
•••
calgaryfine
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Post by
calgaryfine
on Apr 29, 2022 5:23pm
The money is there
https://www.prnewswire.com/news-releases/appian-signs-c85-000-000-credit-financing-with-western-potash-301536471.html
(0)
•••
JohnnyA
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Comment by
JohnnyA
on Apr 29, 2022 12:38pm
RE:WRX on the roll
Not much action on such "good news". Going to be years before this hits 50 cents.
(1)
•••
calgaryfine
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Post by
calgaryfine
on Apr 29, 2022 11:50am
WRX on the roll
100% offtake agreement with Archer Daniels Midland. Checked Potash price 2X.....3X.....going for 5X.....Russia and Belarus sanctioned. Severe potash shortage and food prices up. Food shortage and
...more
(0)
•••
JohnnyA
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Comment by
JohnnyA
on Apr 29, 2022 10:23am
RE:Good or Bad Overall?
Looks like the company is taking care of themselves not the shareholders. This stock will never go much higher.
(4)
•••
bmw4ever
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Post by
bmw4ever
on Apr 29, 2022 9:05am
Good or Bad Overall?
Good or Bad Overall? contractors will be paid which is a good thing.... now whats next...... $1 per share is a dream?
(1)
•••
calgaryfine
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Comment by
calgaryfine
on Apr 29, 2022 12:30am
RE:Western Potash Corp. C$85,000,000 Financing Transaction
"If the Company share price reaches at least C$0.50/share above exercise price for 5 consecutive trading days (to be adjusted for customary anti-dilution provisions), Appian will be required to
...more
(3214)
•••
Betteryear2
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Post by
Betteryear2
on Apr 28, 2022 10:39pm
Western Potash Corp. C$85,000,000 Financing Transaction
VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- Western Resources Corp. (the “Company”) (TSX: WRX) is pleased to announce today that its wholly owned subsidiary, Western Potash Corp. (
...more
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Apr 21, 2022 10:45am
RE:Where will WRX go?
griffen1, first and foremost I hope a portion of the $80 million provided by Vantage Chance is used to pay the numerous contractors, who have been waiting for several years to be paid for building the
...more
(15)
•••
stockwatcher248
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Comment by
stockwatcher248
on Apr 21, 2022 4:33am
RE:RE:GSP
not sure what the tally will be after the acquisition is completed but we should hit a billion after the financing....not sure what the record is for shares outstanding but we should be close....here&
...more
(494)
•••
mdjbrown
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Comment by
mdjbrown
on Apr 20, 2022 10:37pm
RE:GSP
sw248 how many shares will be outstanding after the Innovare acquisition is completed? Looks to me about a half a billion shares with a couple million remaining in the bank.
(15)
•••
stockwatcher248
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Post by
stockwatcher248
on Apr 20, 2022 2:12pm
GSP
stock is tanking...time to switch to GSP
(0)
•••
griffen1
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Post by
griffen1
on Apr 19, 2022 9:38am
Where will WRX go?
Western Resources represents an interesting opportunity. Assuming Vantage Chance did their due diligence, the value of this company sits around $0.37 per share. Based on a $80 million purchase of 54
...more
(15)
•••
stockwatcher248
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Post by
stockwatcher248
on Apr 14, 2022 5:28pm
time to change ponies????
Gensource steps closer to first production with Innovare acquisition Henry Lazenby | April 13, 2022 | 2:24 pm News Canada Potash Canadian miner develops
...more
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