WESTERN POTASH CORP T.WPX

Western Potash wants more time before connecting to city's t

[mdjbrown]

https://www.cbc.ca/news/canada/saskatchewan/potash-mine-regina-wastewater-renegotiate-1.3881210

[mo1975]

this pretty well mean that nothing is going to happen until probably in late 2019...... unless there is a takeover or drastic changes in potash over the next two year this stock will be stagnant.... plenty of time for new technologies to come into play... so i ll put my stock in a hidden piggy bank and forget about it... feels like a few thousands dollars hidden in the mattress

[SaskKcl]

Probably want to renegotiate the deal to better reflect the water requirements for the pilot project.  Water demand for the pilot is much less. 

[mdjbrown]

mo1975, the comments in the news article about the WPX pilot project not starting until 2020, would suggest credibilty to those who feel potash resources tied up by the China and India, are in no hurry to rush into production. With potash prices at a decade low, why spend billions now on a mine, when you buy on the open market for just about the same cost to produce it yourself

[Curvature]

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