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Bullboard - Stock Discussion Forum WESTERN POTASH CORP T.WPX

"Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada. The Company holds interests in the Milestone Project located in Southern Saskatchewan."

TSX:WPX - Post Discussion

WESTERN POTASH CORP > Insider Holdings on the rise !
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Post by jimaras on Apr 09, 2014 8:24pm

Insider Holdings on the rise !

April 22, 2008 Shares Issued 72,160,173 Warrants 47,553,800 Cash Raised $20.8 M Management Holdings 29% (Roughly 20,926,450 shares) July 23, 2008 Shares Issued 93,073,123 Warrants 47,553,800 Cash $39 Million Management Holdings 29% (Roughly 26,991,205 shares) June 22, 2009 Shares Issued 102,736,383 Warrants 42,410,050 Cash $30,038,672 Management Holdings 29% (Roughly 29,793,551 shares) Sept 30, 2013 Shares Issued 226,336,059 Warrants 20,000,000 Cash $28,347,894 Management Holdings 26% (Roughly 58,847,375 shares) The recent insider selling....a needle in the hay stack ! ;)
Comment by Cacheitup on Apr 09, 2014 9:27pm
Management  DOES NOT OWN 58 Million shares they own approx 13 million before the recent selling. The other 45 million is owned by china blue and the Chinese FI through their  holding company. so please stop leading people to the mistaken belief that the recent selling by management is not significant
Comment by jimaras on Apr 09, 2014 10:29pm
You are now added to my ignore list ;)
Comment by Cacheitup on Apr 10, 2014 2:27am
You wrote- "Management Holdings 26% (Roughly 58,847,375 shares) The recent insider selling....a needle in the hay stack ! ;)" The real figure that management own is approx 13 million shares. Check the insider report.  45 million of the  58 million shares that you refer to as being "owned" by management are owned by CBC holding ltd. i suppose going through life ...more