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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 boredhousewifeon Dec 07, 2012 3:51pm
214 Views
Post# 20700553

RE: RE: RE: RE: RE: RE: RE: comparing to KCL aka P

RE: RE: RE: RE: RE: RE: RE: comparing to KCL aka P

That is where Saskatchewan was put on map same year as the POT and BHP went into battle for take out on POT..It is the same year that Premier started touting Saskatchewan as well as BC to offfer their wares away themselves to China..Potash was huge that year also the biggest year for M/A and takeover for Canada.. That would be 2010 I think.. There was no oversupply at the time Cantopex was being battled back then too that is when the big boys started picking up juniors in 2009 was start of it with Asbasthca Potash then it ballooned from there.. You have to remember since the 2008 crash countries threw in stimulus that is what bloated the markets and it's been recycling itself throughout the last few years.. Right now even with low interest rates the market is still over bloated but mix in the rhetoric and noise from US fiscal and EU troubles and at the time China but China is not the threat ,as they have bottomed as obvious to their numbers and data lately.. The fear is the US fiscal cliff even that is not the problem it is the EU that is the problem, otherwise markets would not be like this.. 2013 could bring a different story they have strangled and destroyed juniors and held them down in commodities and resource sectors,maybe not be so in 2013 they may produce a lot more M/A ..It has already begun in enegry sectors in Canada that they are starting to roll and the gold sectors rearing up for M/A also just a matter time when China and india will have to get a price down for potash sector and witih Canada putting themselves on the map this year instead with foreign investments with the Progress and CNNOC deals should lift Canadian markets as well as the currency loonie becoming part of the elite currency as stated by IMF recently makes Canada a breeding ground for good pickings in the natural and resource commodities..  What must go up come down however becomes stable after that and then become the normal.JMHO

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