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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 Treadnimblyon Dec 11, 2012 12:31pm
221 Views
Post# 20713523

Potash Price is....

Potash Price is....

Somewhere between $470 to $490/tonne.

        We have a derisked mining investment waiting to hear from a JV or buyer they will then value the SP on what they can afford to pay for it against their 50 years of mining these reserves based on $470/tonne +

       They will then put forward their proposal to this engaged financial institution etc.

       We ( and other suitors ) then have a baseline of SP to work from. At that point the suitors can out bid if they want it more.

       Pretty simple process from our perspective as a shareholder we just have to wait.

       We have soooo much B.S. coming at us everyday but for many people in this world the daily challenge is finding enough food. For these countries to maintain peace they have to provide it ( I believe the French revolution started with a bread riot).

      So let the tax loss selling occur it is December. Think about what you have not what you want and take a few ZZZZs until January. Money in the bank here just waiting.

       JMHO before my second coffee!

        GLTA.

          

Bullboard Posts