Western Resources Corp T.WRX

Alternate Symbol(s): WTRNF

Chemicals Chemicals

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.

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Western Resources Corp

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Comment by theinvstoreon Apr 21, 2018 10:05pm

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Post# 27922595

RE:35% of the shares are available to trade

KRN announced on March 14 2016 an "agreement in principal" for financing of about $700M - that stock jumped to $3 from about $0.80 in March 2016. Scale is significantly different. However, financing is secure and we have better "concrete" news. How are we arriving at $0.50 or $0.75 ?

.... as stated above the shares available to trade are only 35% of the available shares... and volume over the past several months has been minimal ... not much out there to hold this back.

I'm no optimist but you guys are killing me with the $0.50 target :(

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