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Bullboard - Stock Discussion Forum WESTERN POTASH CORP T.WPX

Metals & Mining Industrial Metals & Minerals
"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 > How does one calculate a $ 2.00 sp.
View:
Post by up2005 on Apr 11, 2014 2:23pm

How does one calculate a $ 2.00 sp.

Why would RIO be pushed into a take out of WPX at $ 2.00? The potash market has been flat and I don't see somebody having to pay a big premium in these conditions. JMO.
Comment by theinvstore on Apr 11, 2014 4:06pm
If you could more than double your resource, and have a water supply which you do not and cannot attain without major difficulties, reduce your time to production to nil (WPX already has these and you could be up and running whilst the environmental assesment on the existing RIO mine is being completed)  as well as increase your ROI due to the need for a single capitalized   ...more  
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