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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 prairie08sheikon Jan 29, 2011 11:50pm
357 Views
Post# 18046499

China offers stabality in Africa

China offers stabality in Africa

Before it was the US and USSR offering aid to the new nations getting independence from their colonial masters.
Now there is a new big boy on the block who has been investing and offering aid in Africa.  Where western companies have come under the wrath of shareholders for doing business in hot spots or politically uncorrect countries, China has stepped in and bought them out. 
Someone had mentioned that China will be supporting/building infrastructure in Ethiopia, railway line from the potash areas and mention of taking an interest in the company.  If anyone saw their anniversary parade the other year and where they have climbed in the world stage, they are a force to be reckoned with.  Probably the first shipment of potash will be headed to China and they already have a naval presence in the gulf/region where hijacking is occuring. 
China bought out Talisman's interests in Africa for one of many cases. 

AAA may for some might be thought to be in a hot spot. 

WPX is very safe. 

Bullboard Posts