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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 Rabbat1on Apr 27, 2010 9:53pm
533 Views
Post# 17037778

Oversold...

Oversold...In my opinion the stock is oversold.  Wpx is one of the last remaining juniors in Saskachewan.  Potash will rebound huge, take a look at what was being said about lumber last  year at this time, and look at it now!  The large players in all resource areas are looking to acquire juniors, it is just a matter of time.  Countries like China and India are on the hunt and wanting more global control of the resources they will need to develop their economies, and Canada offers a very safe environment in which to do business.  I think that the timing of the news releases were not the best, last nights news release should have been made before the positive release on Apr.22.  I also would not take the CEO of POT comments seriously, the global players like China and India and the multinational companys like BHP will decide who is a takeover target and the timeline of any new mine(s) in Saskachewan.  Best of luck to all.  IMHO   
Bullboard Posts