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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 jonathanRdeCon Feb 02, 2017 6:06pm
352 Views
Post# 25792204

Futur royalty company

Futur royalty companyPer the news it looks like this reorg is heading toward a royalty company. It would make sense, our main shareholder is an investment company and not a mining company. The Western stating that it will look into spin offs, selling and acquiring different project in a variety of ressources is clearly looking into the royalty model. Which is a good thing if you want that kind of investment.

My two cent, they will make the pilot project and look into selling it for futher developement and retaining a % of the tonnage sold per year.
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