Western Resources Corp T.WRX

3 big partners

[Bmw4ever1]

What puzzles all of us. Western potash has 3 big partners with very deep pockets,  Tairu, China blue, and  CAMCE  engineering firm.   Cant they all come up with some $$$$ to finish this off.   These are 3 big well funded partners.   

This is what gets the most frustrating part about this. All these state owned partners, all they need another 30 to 40mil and start earning revenue or perhaps secure supply to china.



https://www.westernpotash.com/news/2017/01/18/china-camce-co-ltd-chairman-visits-western-potash-corp

[classicact]

Bmw,  you are 100% correct, that remains the big question, we know the 3 can come up with the money. I maintain its Canada/China politics, China may be waiting on the relationship to warm back up. If thats not it, the only other possibility is the technology still has to proved viable. My DNA tells me that there can be no other GOOD reason.  imo only. On a positive note WRX hit .18

[mdjbrown]

Bmw, coming up with the $15 million or so needed to complete phase 1 likely isnt the pressing issue. There are tens of millions owed to local contractors who built this concept mine to the 83% completion it is now.  A .17 cent financing raising $100 million would decimate shareholders , so it would be interesting to be a fly on the wall to hear the available options. If the powers that be

[Bmw4ever1]

i honestly not sure what to expect any more,  AGM on March 12,,,,  maybe they shed some light...GLTA

[mdjbrown]

Agreed Bmw Would be nice to see more transparency regarding the real estate assets as that appears to be a bit of a money pit when considering this release in 2019 and where we are today. https://www.westernresources.com/news/2019/07/25/western-garden-properties-reports-recovery-loan-investments  “Therefore, the Company is pleased to report that it has successfully invested in a total of