"I found Feasibility Study Shows Attractive Economics by Siddharth Rahjeev  reinforced/clarified my own take on WPX. Regardless, this is considered a very high risk stock. Hopefully, no one is investing their lunch money."
This is paid research, no more than advertising, be careful not to base your investment decisions on this stuff.
I do agree with you about analysts that  "they are right till they are wrong", but there is big difference from research from major Bay Street firms and this paid advertising. What are the big bay st firms saying about Wpx currently?
 I could buy some land in Saskatchewan and pay a a firm like this to talk up my development potential and get lots of investors to give me some money.
"In a recent article on the Mining Weekly, a reporter indicated that India’s Rashtriya Chemicals and Fertilizers (RCFL) was considering taking majority control in the Milestone project. The article also quoted an official of RCFL - “RCFL, in ongoing talks with Western Potash, has committed an investment of $1-billion. Western Potash has shown a willingness to part with a higher equity stake to foreign investors, and RCFL would follow this up, aiming to conclude a deal before current year-endWPX has not confirmed this statement and we are in not in a position to comment on this. However, with the release of the FS for the Milestone Potash project, we expect this year to be exciting for the company."

This is dangerous stuff for an investor that doesn't do deep enough due diligence. 

The article in mining weekly that they are referring to is more than 6 months old and was talking about a deal being concluded by end of 2012, but when reading this at first glance it seems to me like they are talking about them concluding a deal by the end of 2013(the year the "research" was written)by suggesting that this year will be an exciting year for Wpx.

Dangerous stuff when you consider that  since that article was written more than 6 months ago, nothing has been concluded between Rashtriya and wpx,and encanto  and Rastrya have since publicly stated they are in negotiations regarding a 2 million ton off take agreement/investment.


Disclaimers and Disclosure
The opinions expressed in this report are the true opinions of the analyst about this company and industry. Any “forward looking statements” are our best estimates and opinions based upon information that is publicly available and that we believe to be correct, but we have not independently verified with respect to truth or correctness. There is no guarantee that our forecasts will materialize. Actual results will likely vary. The analyst and Fundamental Research Corp. “FRC” does not own any shares of the subject company, does not make a market or offer shares for sale of the subject company, and does not have any investment banking business with the subject company. Fees were paid by WPX to FRC. The purpose of the fee is to subsidize the high costs of research and monitoring. FRC takes steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage. Our full editorial control of all research, timing of release of the reports, and release of liability for negative reports are protected contractually. To further ensure independence, WPX has agreed to a minimum coverage term including four updates. Coverage can not be unilaterally terminated. Distribution procedure: our reports are distributed first to our web-based subscribers on the date shown on this report then made available to delayed access users through various other channels for a limited time. The performance of FRC’s research is ranked by Investars. Full rankings and are available at www.investars.com.