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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

Post by theinvstoreon May 27, 2013 10:26pm
352 Views
Post# 21448289

Possible share price on take out

Possible share price on take out

Why is everyone postulating $1.50 take out price. I find this to be a low valuation for this mega mine. If the cost to build the mine is $3.5B and the savings over the mine life is on the order of $35B (as was posted previously) why would managemnt allow a sale at a fraction of the value ?

 

 

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