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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

Comment by Treadnimblyon Jul 11, 2015 10:46am
498 Views
Post# 23914242

RE:RE:K and S

RE:RE:K and SThe only reason I can think of is to stimulate a reaction leading to takeover bids based on the fact that POT et al would not want the Chinese taking this on and using it as price leverage. WPX still has money to wait this out some and slowly the price of potash has been going up. The best part I read and posted here " that new conventional mining does not get profitable until $500 +. " Solution mining is the answer at this price level and POT et al know it hence their attraction and threat of Legacy. GLTA.
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