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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
Post by dusty51on Jul 22, 2008 4:38pm
368 Views
Post# 15318375

MR. FYNN

MR. FYNNYou talk about being a long term investor in the market. but in the same breath you raise the question about whether WPX will be bought out by a major or develop their own property into a mine. WPX is an exploration company and has no intention of developing a mine. Juniors such as WPX are not able to raise a billion dollars plus . Yes there are cases where junior mining companies have taken properties to production but in most cases they fail, the reason being that if a major does not want them in most cases they are not going to be efficient or profitable. I have great respect for the management of WPX and believe that they will negotiate a buyout sometime in the future. I have over 50,000 shares and will hold until there is a buyout.
Bullboard Posts