Whitemud Resources Inc V.WMK

Building Materials Building Materials

Whitemud Resources Inc. is a Canada-based company holding mineral rights to exploit a large kaolin deposit in southern Saskatchewan, together with a processing facility located on the property. The Company's product, Whitemud (MK) is a cement-grade metakaolin that enhances the performance of cement for oil and gas wells and construction applications. The Company's segments include Metakaolin and Commodities. The Metakaolin segment is engaged in mining, processing and marketing kaolin and metakaolin. The Commodities segment includes Midstream Energy Partners - managing and marketing commodities. Its EnviroPozz metakaolin is processed from naturally occurring kaolin clay into a dry, off-white fine powder cementitious material that meets the criteria for a Class N natural pozzolan in accordance with both the CSA A3000 and ASTM C618 standards. EnviroPozz is a cement replacement product used in all cementitious applications including ready mix and precast concrete, grouting, and others.

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Whitemud Resources Inc > fearlessggg1962

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Comment by fearlessggg1962on Dec 16, 2020 2:49pm

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Post# 32120572

RE:fearlessggg1962

Hello Jackpot,

BASF is a German company that manufactures different chemicals for various industries. So, Having said that, I believe that BASF could be a potential buyer of the Kaolin plant in Southern Saskatchewan which would bring tremendous value back to WMK but maybe this is the start now of a new WMK, cleaning up the books from the old company to the new and by doing so the plant could be purchased and resurrected. Now I have not gone back to all my notes and its been a while but the plant if i recall right is worth about $160,000,000 but don't quote me yet because i have not looked into WMK in a while. I own 900,000 shares of WMK so today was a good day for me.

Regards,

Fearlessgg

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