guys, guys, guys. easy on mrbigone. I personally believe that he is not a basher and rather just feeling stupid for selling his shares back on march 20th,2013 and losing out on the price increase. (read his post down below) he is just bitter so we should just feel sorry for him and agree with his thoughts. He lost his pants by selling at .42 cents and just wants to make his money back by trying to drive the price down with his uneducated posts so he can buy back in. Let's just open a donation fund for mrbigone. Don't worry buddy, once wpx is sold and i sell my shares, i will donate $10 to your fund. feel better?
I now think the only reason WPX ever went above $1
Was because it was riding the wave of exhuberance in the potash sector and sure, they do have a nice deposit in the ground, but who cares, so does everyone else! My general feeling is you could dig almost anywhere in the region and find enough shi*....errr I mean potash to get to feasibility stage. The chance of securing the financing they need or a partner to pay for building a mine, is about 10% chance in my opinion. I just sold every share of WPX I had because I am fed up with this management team and I seriously think the next wave of selling will take it down to $0.25