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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 cacheitinon Dec 13, 2012 1:03pm
141 Views
Post# 20725794

It's called massive dilution!

It's called massive dilution!

Retired young.

Krn shares are tightly held. The board owns a quarter of the company. Robin Phiney alone holds 18 percent of the shares, twice the total of all the board of directors of Wpx put together. The reason the volume on Wpx is so high is because they have a float of
200 million! They have seriously diluted. Krn only has a float of 21 million very tightly held shares.
Try to put an order in for 50,000 shares of Wpx and you might move the sp 1 -3cents. Try to put an order in for
50,000 shares of krn and you will send the sp up $4
Bullboard Posts