Bullboard - Stock Discussion Forum Western Resources Corp T.WRX

Alternate Symbol(s): WTRNF

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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

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TSX:WRX - Post Discussion

Western Resources Corp > WRX on the roll

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Post by calgaryfine on Apr 29, 2022 11:50am

WRX on the roll

100% offtake agreement with Archer Daniels Midland. Checked

Potash price 2X.....3X.....going for 5X.....Russia and Belarus sanctioned. Severe potash shortage and food prices up. Food shortage and famine looming. Checked

Financing............C$80M Vantage, C$85M Appian....Checked

https://www.westernpotash.com/news/2019/10/25/western-potash-corp-achieves-horizontal-solution-mining-all-three-production

Checked

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Comment by JohnnyA on Apr 29, 2022 12:38pm

Not much action on such "good news". Going to be years before this hits 50 cents.

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Comment by frostback on May 02, 2022 1:09pm

Calgaryfine – great optimism and I hope you are rewarded with out having to wait multiple years. Need to produce to take advantage of off take agreement? As far as the public knows the downhole technology has not been fully proven to demonstrate its advantages as advertised? Can they demonstrate the ability to produce a healthy amount of tonnes at a reasonable cost? High price of ...more

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Western Resources Corp