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Bullboard - Stock Discussion Forum Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Western Resources Corp. is a 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 Company owns a 100% interest in the Milestone Project located in the province of Saskatchewan under various property leases. The Milestone Project includes... see more

TSX:WRX - Post Discussion

Western Resources Corp > going concern
View:
Post by Hopeless1 on Mar 13, 2021 9:47am

going concern

Hi everybody who cares about WRX,

did management reveal anything on the AGM? Is there any progress in production of potash? What about the financial nightmare? Is there an investor in sight? I would appreciate any news!!!

Thanks a lot! GLTA.        Hopeless
Comment by Bmw4ever1 on Mar 14, 2021 10:29am
i joined the AGM and I was the only Shareholder who asked question,  I did ask about the canada /Chine relationship, i did ask about future fianancing, i did ask about directors coming and leaving like james moore, i did ask about the funds that went to real estate from march 2019 financing. the response was:  the china/canada  relationship is sour becaue of the Hwawei CFO, and the ...more  
Comment by Hopeless1 on Mar 15, 2021 11:10am
Thank you Bmw4ever1 for sharing the news. I was about to offload my shares. News are always appreciated! Hopefully WRX will turn into a profitable enterprise. Thumbs up!
Comment by HuntNGather on Mar 15, 2021 1:13pm
The China deal should never have been approved.  Foreign investment is good.  Foreign control is bad.  I am not a protectionist but rather a realist.  To take a Canadian asset that is nurtured by Canadian investors and attached to Canadian futures using land and water resources that are owned by Canadians and allowing a foreign entity (let's be frank... a foreign government ...more  
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