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Western Potash Corp T.WPX

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  WPSHF

Western Potash Corp is engaged in the acquisition, evaluation, and exploration of mineral properties containing potash in Western Canada.
Price: $0.305 | Change: $0.00 | %Change: 0.00%
Volume: 109,698 | Day High/Low: 0.31/0.305 | 52 Week High/Low: 0.40/0.195
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5 stars

The Mighty Gamechanger

Hattip Treadnimdly  Big Gamechanger: ...Vale’s increased activity in Saskatchewan comes as the provincial government changed its mineral policies this March to ensure that companies don’t sit on...read more
5 stars

RE:$100M today vs. $4B needed

Key Highlights of the Pilot Study: Projected Production Capacity   146,000 tonnes per year Capital Cost   $80.6M CAD ...read more
4.5 stars

WPX is alive again!

When is ground breaking ceremony? Who will shovel first?  rate and reply
1.5 stars

$100M today vs. $4B needed

So the new project will have $100M in financing with Tairui putting in $80M and CBCHC putting in $20M (if they match their right for 19.9%) and for $100M you can own 70% of WPX (roughly of the new...read more
4.5 stars

investment thesis

I will not start by saying we got a sweet deal with the current offering. It is low ball... What I do not believe is that our current offer is to let the project on a shelf and do nothing about it. 80...read more
4.5 stars

timing

the short time holders who didnt hold before this jump at 22 centrs down to 20 ect and left are the ones who got squashed i wish i held this for another 2 months and would have made off dandy.  rate and reply
1.5 stars

Ouch - sucks to be a WPX shareholder

Once a $1.71 stock was basically sold for control at 31 cents. Current shareholders could only end up owning 30% if CBCHC exercises their right to match their ownership of 19.9% I am betting...read more
5 stars

RE:Time to light the fire under WPX sp

blackwood... the statement in the NR states WPX receives strategic investment. It doesn't state receives offer. Is this a moot point and does the common SH hold enough votes to stop this from going...read more
4.5 stars

Time to light the fire under WPX sp

So we've got a loball offer from the Chineese.. Not unexpected. Give up control of Co? I don't think so. This will scare the %#^*^ out of all the majors.,by by Cantopex. Chineese could ramp up and...read more
4.5 stars

RE:Simple Math 2

Rackie, you are damn right. Pat told me 2 month ago, they have been to Turkey to the big fertilizer con and they have been talking to everybody in the industrie about their new pilot plant plan. They...read more
4.5 stars

Simple Math 2

This has all the ingredients for a war. A bidding war that is. Time to crack a beer, grab a comfortable chair and enjoy the fireworks.  rate and reply
1.5 stars

Chinese will screw Canadian workers

Look at what HD Mining did in BC, bringing in Chinese workers while Canadians went unemployed. I wouldn't be surprised if the Saskatchewan government stepped in here to prevent this.   One thing is...read more
1.5 stars

145,600 tons per year is

hardly worth the effort for the Chinese . What happens if they want to increase production to 1 million tons a year. The money needed to build a larger plant is no problem for them . It will be a...read more
4.5 stars

WPX is on EBAY, 30th of August, don't miss it;-)

Thus, Milestone is now fully financed to go into production - hand in hand with its neighbor, Legacy, which plans to start production in late 2016. However, this transaction requires shareholder...read more
1.5 stars

RE:RE:RE:RE:Just had to comment

Coal company in BC Nickel company in QB Teck even got raped when their coal assets were under pressure but they have money. Hand full out in the oil patch  but can't remember any names. These guys...read more
4.5 stars

Rockstone's comment on the Deal

Thus, Milestone is now fully financed to go into production - hand in hand with its neighbor, Legacy, which plans to start production in late 2016. However, this transaction requires shareholder...read more
4.5 stars

RE:RE:RE:Just had to comment

Can you be more specific? It's fine to say it worked out badly for you, but can you name a couple, since you are familiar with these details.  rate and reply
1.5 stars

RE:RE:Just had to comment

First 30 million in Rev is not profit. Thing about it as a shareholder. The Chinese own 51 percent so they call the shots. I have seen and let this be a warning. These deals in the past...read more
4.5 stars

RE:Just had to comment

have you thought about what it might mean to shareholders if the project evolves into a producing mine?  Even the pilot project will product at least 100,000 tonnes = $30 million....  rate and reply
1.5 stars

Just had to comment

I don't own WPX but have been effected by the Chinese cheap financing and not positively. First they own the company at 51 percent and can take it private screwing all SH. Second the 80 million will...read more