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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 jerichojon Feb 13, 2013 3:56pm
282 Views
Post# 20983860

RE: Canpotex strategy?

RE: Canpotex strategy?
With China and India on the sidelines, North American potash
supplies ballooned to 37 percent over the five-year average in
December. And while Potash Corp does not see many of the planned
mines getting built, it still expects global capacity to grow 24
percent to 77 million tonnes by 2017.
 
77 Million tonnes per year is quite the expansion. Lots of room for Saskatchewan juniors to make a mark. WPX 2 million tonne, KRN 600,000 Thats 2.6 Million Tonne of 77 Million tonnes equals 3% of the market requirement. There is a lot of room for juniors to fill up a  small position in a very large market.


Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=wpx&t=list&m=32166924&l=0&pd=2&r=0#wbuBr4YVZ7CTUsGZ.99

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