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Bullboard - Stock Discussion Forum Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

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

Bullboard (TSX:WRX)

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Comment by mdjbrownon Oct 28, 2020 12:07pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

classicact, it really is such a shame. So many companies feel it is good enough to respond to shareholders through quarterly mandatory disclosure, and until recently WRX was very different.   ...more  
Comment by classicacton Oct 28, 2020 10:57am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

No news since May 14th or 5 and a half months, this means they must have missed all requirements to report to the TSX. I think WRX could now be waiting for the TSX to provide the news that they have ...more  
Comment by frostbackon Oct 21, 2020 1:18pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

Agree, optics of recent dealings by the majority of foreign controlled juniors in this space are not very encouraging for investment confidence. As for the thought of public monies being used to prop ...more  
Comment by mdjbrownon Oct 20, 2020 11:22pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

classicact, I think the increasing foreign ownership of Saskatchewans mining interests /  mineral control has become a topic of concern of both politicians and concerned locals. Western and ...more  
Comment by jonathanRdeCon Oct 20, 2020 5:03pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

sorry to ask but where is that quote coming from :)
Comment by classicacton Oct 20, 2020 1:03pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

"I am hearing rumors this conundrum is reaching the highest levels of government in the province, so hopefully the issues can be resolved to all parties satisfaction including the corporations ...more  
Comment by mdjbrownon Oct 09, 2020 9:31am

RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

classicact, it would be very interesting to hear from the contractors who have not been paid for building this mine to the reported 83% complete.  From the unpaid contractors side of the fence ...more  
Comment by classicacton Oct 06, 2020 3:57pm

RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

Your right, very interesting and very concerning if that happens, there can't be too much time left for WRX to react in some way. The TSX can up and delist WRX if they are not forthcoming and ...more  
Comment by mdjbrownon Oct 06, 2020 8:55am

RE:RE:RE:RE:RE:RE:RE:Operational News......or lack of

With Stuart Olsen being taken out by Bird construction, it will be interesting to see if any of Olsens outstanding account receivables are accelerated. https://www.newswire.ca/news-releases/bird-and ...more  
Comment by mdjbrownon Sep 30, 2020 11:04am

RE:RE:RE:RE:RE:RE:Operational News......or lack of

You are very welcome classicact It is puzzling for sure, as Stuart Olsen was announced back in June 2019 as the General Contractor when awarded the phase 1 contract.   "Stuart Olson’s ...more  
Comment by classicacton Sep 25, 2020 1:16pm

RE:RE:RE:RE:RE:Operational News......or lack of

Thanks mdj, excellant information, wished they would provide transparency on who they sold the land to. Another Potash company, banks, major shareholder etc.. I think the answer would help us to see ...more  
Comment by mdjbrownon Sep 24, 2020 11:43pm

RE:RE:RE:RE:Operational News......or lack of

h1111, not much in the way of particulars as to why the liens have been filed in the public disclosure on SEDAR from the corporation. It would be reasonable to conclude from the following public  ...more  
Comment by frostbackon Sep 22, 2020 10:03am

RE:RE:RE:RE:Operational News......or lack of

no mention was made of reasoning behind the holdback. Any liens that are applied should be available from the ISC database - i have not looked to confirm that actual liens have been placed. I totally ...more  
Comment by hebegb1111on Sep 21, 2020 8:19am

RE:RE:RE:Operational News......or lack of

Was there ever any indication of why the contractors were not paid? Many times payment is held if the job was not completed to spec. Lots of games can be played near completion, is western delinquent? ...more  
Comment by mdjbrownon Sep 19, 2020 10:46pm

RE:RE:Operational News......or lack of

Agreed classicact It appears as though Western tried to juggle borrowing from Peter to pay Paul and things got a little tricky. With all of the contractors waiting to get paid, it will be ...more  
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