Post by
juniordeepvalue on Jan 18, 2017 5:18pm
Company Update
Here is the link: https://www.westernpotash.com/news/china-camc-co-ltd-chairman-visits-western-potash-corp
Comment by
mo1975 on Jan 18, 2017 6:21pm
yes I read that earlier but that visit happenned about the 8th of the month .. was on the news in saskatchewan media...put only put on the web site today...... this is not enough to move that many shares...unless someone wants the infer that idea
Comment by
jonathanRdeC on Jan 18, 2017 8:37pm
I would say someone knows something most of us don't. It's almost 10x the normal volume of trade per day. A visit would not qualify for such a raise in volume. I'm preparing for some news in the next few days.
Comment by
mo1975 on Jan 18, 2017 10:22pm
bmw4ever.... feb 28 2011 day high 1.80 so it was not that long ago.... could go back to those level but i think before it gets to that the remaining shares will be bought out
Comment by
bmw4ever on Jan 18, 2017 10:34pm
What i am not really understanding, why all these partners and for what?. R they buying into WPX because they have experience in taking on these projects. on a side note, WPX is still talking about 2.8mt. I thought that the 2.8mt is over.
Comment by
jonathanRdeC on Jan 18, 2017 10:47pm
the 2.8 MT is just out of the question for now but it's still the ultimate goal. The prices for fert are really depressed. From my perspective, a couple of state owned business might be able to pull the string and get the billions needed to get to 2.8Mt at some point.
Comment by
Treadnimbly on Jan 19, 2017 12:48am
I think we will see a build start. I hope not a buyout..Privatization. Mosaic are talking the price of potash firming. Do we still have the Acron leases? Financing no problem now. GLTA.
Comment by
thairat on Jan 19, 2017 1:22am
As soon as the drilling works smoothly they will raise to 2.8 India seems to take a minimum of 5 m per year at Encanto Potash.