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Bullboard - Stock Discussion Forum Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Chemicals Basic Materials
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 > Will Archer Daniel Midland take over Western Resources?
View:
Post by calgaryfine on Feb 23, 2023 1:26pm

Will Archer Daniel Midland take over Western Resources?

It makes economic sense for ADM to make a bid on WRX since the mine is near completion and WRX stock price is relatively cheap.  With the potash shortage and high price, why just stick to 100% offtake agreement?
Comment by bmw4ever on Feb 23, 2023 3:48pm
i agree with your thinking, but now $1 share price id $400mil valuation.   also majority of the shares are owned by chinese state owned entity.  Do you think they would be a seller at $1 per share,  $2 per share    ...    i dont know what everyone is thinking on this BB
Western Resources Corp
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