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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 mdjbrownon Dec 12, 2016 10:10am
163 Views
Post# 25585034

RE:RE:RE:Where is the mine?

RE:RE:RE:Where is the mine?calgarytrans, besides current potash prices hurting the progress of all the greenfield potash hopefuls, a secure water source is absolutely imperative.

WPX plan to use treated water from Reginas waste water facility, which is a very novel idea, however it is expected to cost $65 million I believe to build the infrastructure required from Regina to the Milestone project.

Even with the expected decreases in the volume of water required due to the new techniques being attempted, I would assume WPX will still build a pipeline capable of supplying the original volumes predicted.

What is very interesting here, is all of the following greenfield hopefuls are relying on technology not yet proven in Saskatchewan.

WPX  -  horzontal laterals

GSP  -  horizontal laterals

EPO   -  I believe they too are looking at downsizing and trying a horizontal trial as well

KRN  -  solution mining of carnalitte, sot sylvinite, as the previous 3 will be mining.

Should be very interesting to see who strikes the hot iron first, as the premise behind the green eco friendly mining techniques apply to all 4 of these projects, if the technology works.

jmo
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