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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 mdjbrownon Sep 21, 2023 11:56am
154 Views
Post# 35647547

RE:you guys

RE:you guysbmw, I dont think anyone wants to see this fail, as this novel process will likely be the most environmentally friendly method of extracting potash on the planet once proven.

But the way to prove it is not through lab testing, computer models, etc, but to actually build it real time and I applaud Western and its investors for believing in the process and going for it.

Now they have to go through the processing motions with tweaks along the way to see if this process can be proven to be economically viable. 

As oldsalt mentioned, unsuccessful methods that have been regurgitated the last 6 decades without success need to be revamped, and it will take new age thinking to get this across the finish line.

Saskatchewan has some great resources to help, including a company that just built a pilot horizontal selective solution mine in Manitoba.  That downhole information regarding what worked and what didnt could be very valuable to Westerns cavern engineers.



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