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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 materialsgirlon Jun 02, 2013 2:03pm
309 Views
Post# 21473039

Canpotex comments

Canpotex comments

We cannot predict the future except for one thing.  Canpotex will not buy WPX

Canpotex is not a miner but rather a marketing entity controlled by Potash Corp Agrium and Mosaic.  Their sole role is to sell outside North America.  They are a cartel and their business practice would be illegal in USA and Canada were they to be authorized to sell here.

Mosaic or Potash Corp or Agrium could buy WPX but it seems highly unlikely.  It has been available for several years and they each continued to sit on their hands.   Agrium is the smallest of the three by far as they increase production fron only one million tons to 4 million over several years.

 

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