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WESTERN POTASH CORP T.WPX

"Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada. The Company holds interests in the Milestone Project located in Southern Saskatchewan."


TSX:WPX - Post by User

Bullboard Posts
Comment by slowestreactoron Jun 10, 2008 3:07pm
313 Views
Post# 15167925

RE: Why cannot WPX be like PON

RE: Why cannot WPX be like PONPON has all the hype behind it.  Analysts are hyping it due to the 2 billionaire investors in PON (Lundin and Friedland).  It has all the day traders pushing the price up.  They don't have any proof of anything yet.  It's all just hype.  Hype climbs fast and usually falls fast too.  Of course you just never know.  The stock market defies all logic sometimes.  I would look for PON to lose some momentum when people realize they own shares of a company with no proof and only 2 permits on 2 small land claims.  PON could be the real deal in the end but a Potash mine takes minimum of 5 years to get into production and that leaves lots of time for PON to lose steam.   Their timing of the ipo couldn't have been better.  They've got big money behind them which means the analysts all act like they're sucking the milk from their mother's teet and hype the crap out of it.  Lots of money has been made.  I'd be looking for the next jr to come out and definitely hold any of the other jr's potash companies you currently own as they WILL appreciate in value.  It'd be great if WPX could get on the HYPE train though and maybe they will when they get approved for more of their permits and have drill results.  All IMHO of course.
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