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.

TSX:WRX - Post by User

Western Resources Corp > KRN moving up

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Comment by mdjbrownon Sep 20, 2023 12:54pm

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Post# 35645633

RE:KRN moving up

GSP also moving today on high volume bmw, and I agree 100%, neither have anywhere close to what Western has accomplished.

Just goes to show you there is no rhyme or reason to junior potash company valuations.

GSP has almost the same market cap as WRX, and yet they dont even have a cavern drilled.

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