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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 Aug 26, 2021 11:32am
266 Views
Post# 33767237

RE:RE: Mine life could go from 12 to 40 years."

RE:RE: Mine life could go from 12 to 40 years."mdj,

Agreed, I also believe that the bottom line is if the technology works, can be verified to the industry and markets we will at the very least have value above and beyond this market cap.

Without this and some movement on financing progress going forward, we risk the clock running out.
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