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Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

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

Comment by classicacton Oct 28, 2020 10:57am
106 Views
Post# 31795370

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Operational News......or lack ofNo news since May 14th or 5 and a half months, this means they must have missed all requirements to report to the TSX.

I think WRX could now be waiting for the TSX to provide the news that they have been delisted or a suspension of trading until further notice.  This would be the end in my opinion and again I have personally been involved in this exact scenario.

If this is not the case, WRX will soon have to ask for creditor protection if they don't intend to pay,  equally telling of the end of the common stock holders.

They have stopped all communications on Facebook as well.

I had a bid at 15.5 sitting for 3-4 months, I pulled it a few days ago.

ALL JUST MY OPINION

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