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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 goldpeton Mar 05, 2017 9:27am
144 Views
Post# 25933378

RE:Clarity

RE:ClarityWhy would they bother changing the Company name if they were limiting their resource interest in just potash? 

This is the part I'm referring to from their PR.

"Currently the only mineral properties of WP are the 100% owned Milestone Potash Project in Saskatchewan. To diversity their assets, WP wishes to be able to pursue investment opportunities in other resources properties that contain METALS OR MINERALS OTHER THAN POTASH and in jurisdictions that maybe outside of Saskatchewan."

That's very clear wording.

I'll ask my question again to those who might know. Would this be the reason the SP has been crushed? WP will no longer be a pure play in postash now. Is that seen as a bad thing?  With more backing and money coming into the Company these would seem to be positive events to me. The Sellers obvously don;t agree.
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