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Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Western Resources Corp. is a Canada-based 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 Milestone Project is located approximately 35 kilometers southeast of Regina in Saskatchewan, Canada. The project includes approximately 84,557 acres of Crown held Mineral Leases and approximately 65,305 acres of acquired Freehold Leases. The Milestone Project is constructing Phase I of a potash mine. 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 exploration program. The Company has no mineral production that yields any revenue.


TSX:WRX - Post by User

Comment by frostbackon Jan 19, 2022 11:43am
152 Views
Post# 34332958

RE:How much KCl is currently waiting for harvest?

RE:How much KCl is currently waiting for harvest?It would be interesting to see the business case for off site processing and the final expected economics.  One would think it would be a hard sell to find a facility to process as they are all flat out maximizing tonnage.  Rumour has it Patience Lake is struggling to get to full capacity at the moment and would likely be the only possible off taker of raw ore in near term.  I believe Buffalo Potash is proposing processing remotely from its planned production site and would only assume that they have run the preliminary numbers showing it to be profitable.
I would encourage any local shareholder to drive by the facility and confirm if said dredge has been delivered and/or commissioned in the cooling pond and report back.

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