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 > Interesting comments tonight ......

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Comment by Wiser8SSTon Mar 26, 2024 10:00pm

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RE:Interesting comments tonight ......

Some alarming reports starting to surface from the nearby solution mines and potash community.
Very little potash currently in the pond, Western Potash is forcasting a total 45,000 tons potash in pond by fall 2024. No crystallizer built into the production mill, relying on the -30 weather for crysatllization process in pond. Production mill and load out not completed construction stage. Cavern 1 is developed and producing lower than expected potash returns, additional production caverns need drilled.

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