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Bullboard - Stock Discussion Forum Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Western Resources Corp. is a Canada-based 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 Milestone Project is located approximately 35 kilometers southeast of Regina in Saskatchewan, Canada. The project includes approximately 84,557 acres of... see more

TSX:WRX - Post Discussion

Western Resources Corp > Latest financials out on SEDAR
View:
Comment by classicact on Feb 19, 2021 3:17pm
mdjbrown, *This is one of the most impactful and positive paragraphs for me considering its at least news/activities from just over the last 6 weeks. *It's still mind boggling that they are having difficulties getting financing in the lowest interest rate enviornment that I can remember,  they had better hurry because if rates start rising in the next 12 months as they are expected to ...more  
Comment by mdjbrown on Feb 19, 2021 9:43pm
Agree Classicact The difficulty in obtaining financing may be due in part to the large amounts required to settle all those unpaid bills.   It might be close to $75 million just to get squared away, and at a .17 cent share price, that is a lot of dilution. Makes you wonder who was in control of operations prior to December 31, 2020, and why a change was needed. Interesting WRX has not ...more  
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