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.

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Western Resources Corp > Operational News......or lack of

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Comment by mdjbrownon Sep 19, 2020 10:46pm

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Post# 31588008

RE:RE:Operational News......or lack of

Agreed classicact

It appears as though Western tried to juggle borrowing from Peter to pay Paul and things got a little tricky.

With all of the contractors waiting to get paid, it will be interesting to see what they come up with in getting this mine back on track to producing low cost potash.

So close, and yet it feels so far!

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