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 > not sure whats up with the share price

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Comment by mdjbrownon Sep 20, 2023 11:53am

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Post# 35645472

RE:not sure whats up with the share price

bmw, the surface infrastructure looks fantastic, but its all about the downhole science.

For 60 years this industry has tried to unlock that box with no luck, and the folks at Western were brave enough to give it a shot. Lets hope they are rewarded with that elusive key!

Its all about cavern thermodynamics / dissolution principles and there are a lot of very bright folks working on this project, so fingers crossed...........

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