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Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Chemicals Basic Materials
Western Resources Corp. is a resource company. The Company is mainly focused on the development of its Milestone potash project (the Milestone Project) in Canada owned by its subsidiary, Western Potash Corp. (Western Potash). The Company owns a 100% interest in the Milestone Project located in the province of Saskatchewan under various property leases. The Milestone Project includes approximately 84,557 acres of Crown held mineral leases and 65,305 acres of acquired freehold leases. The Company is constructing Phase I of the Milestone Project. The Company also invested in real estate development projects in the Greater Vancouver Area through limited partnerships. The Company completed the drilling of 11 potash exploration wells on project property, completed several hundred-line kilometers of 2D seismic study, and conducted a 3D seismic study during the project exploration program. The Company has no mineral production that yields any revenue.


TSX:WRX - Post by User

Western Resources Corp
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Comment by mo1975on Apr 12, 2017 1:34pm
651 Views
Post# 26113546

RE:RE:RE:RE:RE:RE:On the bright side, at least the re-org was not

RE:RE:RE:RE:RE:RE:On the bright side, at least the re-org was notso much speculation from everyone.....patience is a virtue... remembewr that most board members are from the 50% + chinese share holder... they paid .33 cents for their share of wpx and that is most of all the cash their sitting on....i beleive that it takes time and diligence to fullfil all the required elements of government rules.... so we do not know the reason that there are processing so slowly but it could be cause by some convenant or taxation laws that requires a certain route.... they did announce they were moving the head office from bc to regina.... that is a plus....

i am long and patient   but i have no crystal ball.....one way or the other we will know more by summer... hang on
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