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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 markvrdon Jun 12, 2008 10:14am
190 Views
Post# 15176655

RE: Just watch $1.70

RE: Just watch $1.70Yeah, it's pretty sick I suppose.    I'm in at $1.20 about a week ago and think maybe I've held long enough.   Thinking of bailing, letting all the BS settle, and buying back once it's stable.   The only problem is that the moment they start drilling (since they permitted and funded) there will be a big rise maybe along the lines of PON.   At that point all the shorters will fry and there will be a nice squeeze as they scramble to cover.   If they really do start getting some support from the huge majors in the area, it could also take off.    So I guess maybe I just sit tight on my shares but set some kind of lower sell limit to lock in profits.
Bullboard Posts