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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 jonathanRdeCon Nov 17, 2012 8:33pm
347 Views
Post# 20614423

RE: RE: RE: RE: RE: positives/negatives

RE: RE: RE: RE: RE: positives/negatives

I respect your opinion but I don't share it. I don't think the market as anything to do with the price people are willing to pay to ensure that the population as food on their table. Potash knows it. You can take a couple of tougher months but when the going gets rough people are going to pay the price for food....you'll cut on IPADS but never on basic foods. Do you really think the chinese gov is going to wait until the population goes arab spring or tianenmen 2 because they can't eat or eat what they want ? In a different way, Indians can't let millions starve either...

 

I can't see any advantages for indians or chinese to buy stakes in a company that doesn't even correspond to half of  each their markets right now ?! Why would they take a pourcentage of something they could sell all of the production twice over in a year ? Even if they buy all of WPX they would still have to deal with Potash...

 

As for potash...letting indians or chinese take big juniors is bad for them. I'm positive that they are being very interested in WPX and others...ukrali also...

 

So the market right now is just stating what retail investors are willing to pay...not what corporation or government are willing to put on the table. JMHO

 

I believe that most of the juniors in potash are going to get snatched up real fast in Q1 2013 at most...

Bullboard Posts