Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Western Resources Corp WTRNF


Primary Symbol: T.WRX

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 Wiser8SSTon Aug 17, 2024 2:29pm
369 Views
Post# 36184337

RE:RE:Perhaps its OVER

RE:RE:Perhaps its OVERThat's very well spoken oldsalt and completely agree with you on all of that.  You should update your resume and apply for the next firm that aquires this site. The word on the street is Apian will take over the project this fall, what exactly their intentions with upgrades is unknown.

Some of the data reported with the three Caverns production rates were 100g/L to 125 g/L. Maybe you could work your magic and determine if that's the reason a 4th Cavern needs developed.

I believe if you start adding crystallizers,  drilling another Cavern, upgrading the infrastructure,  would cost 50 million to 100 million , ball park guess.


<< Previous
Bullboard Posts
Next >>