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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 blackwood2002on Sep 02, 2015 11:15am
433 Views
Post# 24071654

RE:RE:WPX dual listing in HK?

RE:RE:WPX dual listing in HK?If in the event a dual listing happens it's likley going to be an opportunity to either cash out for those who are not in the hole deeply. However, as such depending on demand the lower sp points may get gobbled up and prevent the sp from much of any rise. Espically given the state of the average chinese investor latley and commidities in general. That said, a new bunch of eyes on the stock will no doubt in the long term add buying pressure and raise the sp as prodouction gets closer to a reality. Question is will new ownership dilute further to ramp up or go to debt markets to fund expansion. I'm guessing they will likley seek debt and or offtake without equity stakes. They wont want any further dilution. Nor do we! It's going to take a while for me to climb out of my avareage cost hole of closer to $1. Hope I get a chance to do some tax loss selling before a dual listing gets put together. It will lessen the pain somewhat. If according to PV that full production could enhance the sp by 20x I'd be happy to wait to see that become a reality. Provided production is debt funded . Who knows mabye..just maybe the price of POT will climb out of the bottom and get back to mid 400's or higher.. then things begin to get much more interesting! As PV said, better than going broke with nothing to show for 10yrs . On the comp thing, I'm not a fan but it was long known and voted for so all this complaining seems a futile wase of time. it is what it is. At least now we have something to look forward to vs years of misarable lost hope until the bank acc goes dry and wpx blows away in the wind. 
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