Western Resources Corp T.WRX

not sure whats up with the share price

[bmw4ever]

not sure whats up with the share price.  project so far in the final stages.   really puzzling

[mdjbrown]

bmw, the surface infrastructure looks fantastic, but its all about the downhole science. For 60 years this industry has tried to unlock that box with no luck, and the folks at Western were brave enough to give it a shot.  Lets hope they are rewarded with that elusive key! Its all about cavern thermodynamics / dissolution principles and there are a lot of very bright folks working on this

[bmw4ever]

i agreet with u,  i would have assumed the bright ppl they hired have working on such type of solution minning being used in Utah and else were.    seems like for the past week,   Big blocks of TD Sec was forced selling,    anyhow Good luck to all. and after building this infrastructure , i would have assumed everything was tested kind of before hand

[mdjbrown]

bmw, the type of novel cavern construction Western is relying on has never been accomplished before. The mining technique used by Intrepid in Utah is a different animal in the sense that their project was once an operating conventionial underground mine that eventually flooded out. This technique Western is currently attempting is horizontally mining through a thin high grade seam of KCl

[bmw4ever]

thank you for explanining that, makes sense to me now.   just we hope for the best.  brings me to wonder the chances  Vantage and Apian is also taking putting money in this.... anyhow... i am hoping for this to work for me and all shareholder

[oldsalt72]

There is still a lot of "old thinking" in this project. The old way has not been particularly successful, as demonstrated at Intrepid, having spent a lot of money on drilled caverns. (looks like most of their production is still out of the flooded mine). They have collaborated with all the old experts, and, presumably, continued the old mistakes of trying to get vertical development