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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...
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.
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Bullboard (TSX:WRX)
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(639)
•••
mdjbrown
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Comment by
mdjbrown
on Mar 08, 2021 11:37pm
RE:3 big partners
Bmw, coming up with the $15 million or so needed to complete phase 1 likely isnt the pressing issue. There are tens of millions owed to local contractors who built this concept mine to the 83
...more
(3)
•••
Bmw4ever1
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Comment by
Bmw4ever1
on Mar 01, 2021 8:57pm
RE:Correct me if I'm wrong but did
I am not sure where u read that. Other than they are having AGM in early march.. why did James moore leave, was he any help to wrx.....
(3)
•••
classicact
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Post by
classicact
on Feb 26, 2021 3:32pm
Correct me if I'm wrong but did
WRX announce that they were releasing something in March, could have been dreaming though.
(3)
•••
classicact
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Comment by
classicact
on Feb 22, 2021 12:10pm
RE:3 big partners
Bmw, you are 100% correct, that remains the big question, we know the 3 can come up with the money. I maintain its Canada/China politics, China may be waiting on the relationship to warm back
...more
(3)
•••
Bmw4ever1
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Post by
Bmw4ever1
on Feb 21, 2021 10:50pm
3 big partners
What puzzles all of us. Western potash has 3 big partners with very deep pockets, Tairu, China blue, and CAMCE engineering firm. Cant they all come up with some $$$$ to finish
...more
(59)
•••
up2005
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Post by
up2005
on Feb 20, 2021 2:34pm
What a dog, been in it for years, I’m the idiot.
My thought process was simple, more people on the earth, we need more food.To grow more food we need fertilizer, how could this mismanaged operation have driven itself to these share price levels. Is
...more
(639)
•••
mdjbrown
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Comment by
mdjbrown
on Feb 19, 2021 9:43pm
RE:RE:Latest financials out on SEDAR
Agree Classicact The difficulty in obtaining financing may be due in part to the large amounts required to settle all those unpaid bills. It might be close to $75 million just to get
...more
(3)
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classicact
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Comment by
classicact
on Feb 19, 2021 3:17pm
RE:Latest financials out on SEDAR
mdjbrown, *This is one of the most impactful and positive paragraphs for me considering its at least news/activities from just over the last 6 weeks. *It's still mind boggling that they are
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(639)
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mdjbrown
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Post by
mdjbrown
on Feb 17, 2021 9:02am
Latest financials out on SEDAR
MD&A - English https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00042546&issuerType=03&projectNo=03173825&docId=4887970 Interim financial statements/report -
...more
(3)
•••
Bmw4ever1
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Comment by
Bmw4ever1
on Feb 09, 2021 7:10am
RE:Haven’t been on this board for ages. Post consolidation
i am still a believer, i owned this since 2007,2008 and bought many times in between, avg price 0.98 from $8 after the reverse split etc.....
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(59)
•••
up2005
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Post by
up2005
on Feb 08, 2021 9:22pm
Haven’t been on this board for ages. Post consolidation
My average cost is $ 6.33 was a big believer in western Potash and all the potential. Remember when the water rights came through and then the project just went south. It has been a massive screwup
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(31)
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Prit27
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Comment by
Prit27
on Jan 21, 2021 2:36pm
RE:RE:RE:RE:dredge
SP needs to breakout of this downward channel
(19)
•••
oldsalt72
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Comment by
oldsalt72
on Jan 21, 2021 2:03pm
RE:RE:RE:dredge
The question that needs to be asked is "Are they getting sustained saturated KCl brines (preferably close to19% from the mine?"If they can do this, or anyone else can do this, from a
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(8)
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frostback
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Comment by
frostback
on Jan 21, 2021 10:20am
RE:RE:dredge
Oldsalt - thanks for the update! I fully agree with your comments regarding processing. The financial dire straights the operation is currently in will be very painful to remedy and it may be a
...more
(19)
•••
oldsalt72
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Comment by
oldsalt72
on Jan 20, 2021 8:29pm
RE:dredge
I was by the site Jan11. I didn't see a dredge but it could easily have been there. I took a picture again, no change with bare steel structure for the plant. Submerged combustion heaters were
...more
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