jmartin1145 Posted March 4, 2017 Report Share Posted March 4, 2017 I cant read WPotash. anybody want to chime in? Quote Link to comment Share on other sites More sharing options...
bostonangler Posted March 4, 2017 Report Share Posted March 4, 2017 Go Green... On my stock SING, I'm up 400%. MSRT is one I'm watching along with my most recent purchase SGMD. B/A Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted March 13, 2017 Author Report Share Posted March 13, 2017 On 2/3/2017 at 8:12 AM, coorslite21 said: VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 1, 2017) - Western Potash Corp. (WPX.TO)(AHE.F) (the "Western", "the Company") today announced that it has entered into an arrangement agreement (the "Arrangement Agreement") under the Business Corporations Act (British Columbia) to complete a corporate reorganization by way of a plan of arrangement ("Arrangement") with Western Resources Corp. ("Western Resources"), a British Columbia corporation created by Western Potash for purposes of the Arrangement. Under the Arrangement, Western Resources will acquire all of the issued and outstanding common shares of the Company on the basis of 0.2 of a Western Resources common share for each one (1) Western Potash common share, subject to the terms and conditions of the Arrangement Agreement. The completion of the Arrangement will result in Western Resources becoming the TSX-listed successor company to Western Potash. Upon the completion of the Arrangement, the proportionate ownership interests of the Western Resources shareholders in Western Resources will be identical to their respective proportionate ownership interests in Western Potash before giving effect to the Arrangement. The Arrangement is anticipated to close in March 2017, subject to Western Potash's shareholder approval, court approval and applicable TSX and other regulatory approvals, together with all other closing conditions, as more particularly described in the Arrangement Agreement. Currently, the only mineral properties of Western Potash are the 100% owned Milestone Potash Project in Saskatchewan. To diversify its assets, Western Potash wishes to be able to pursue investment opportunities in other resource properties that may contain metals or minerals other than potash and in jurisdictions that may be outside of Saskatchewan. As its resource properties become more advanced, Western Potash also wishes to be able to consider alternative value enhancing opportunities for those resource properties, such as joint ventures, spin-offs or business combinations. The Western Potash board of directors believes that, by making Western Potash a wholly-owned subsidiary of Western Resources and Western Resources acquiring additional resource properties in other separate wholly-owned subsidiaries of Western Resources, it will facilitate the ability to consider and implement those alternative value enhancing opportunities. The Western Potash board has approved the Arrangement Agreement and recommends that the Company's shareholders VOTE FOR the Arrangement at the annual general and special meeting of the Company's shareholders to be held on March 9, 2017. For more information on Western Potash Corp., please visit the Company's website at: www.westernpotash.com. ON BEHALF OF THE BOARD OF DIRECTORS Geoffrey Chang Chairman Forward-Looking Information The information in this document has been prepared as at February 1, 2017. Certain statements contained in this news release constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as "anticipate", "continue", "estimate", "expect", "expected", "intend", "may", "will", "project", "plan", "should", "believe" and similar expressions (including negative variations), or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information that is set out herein, except in accordance with applicable securities laws. This restructuring has been a bit of a game changer for this stock. (this is why you just never know) Fertilizer is still a great play for the future. As noted earlier my usual play on the lower priced stocks is to buy it at what I believe is very low, and if it runs up to a point where I can sell some off to recoup my seed money.....while retaining some of the stock... then hopefully I hold a fairly large sum of the stock at a zero cost. This is what I did with this, and, we'll see where it goes from here. 1 Quote Link to comment Share on other sites More sharing options...
jmartin1145 Posted March 14, 2017 Report Share Posted March 14, 2017 On 3/12/2017 at 8:50 PM, coorslite21 said: This restructuring has been a bit of a game changer for this stock. (this is why you just never know) Fertilizer is still a great play for the future. As noted earlier my usual play on the lower priced stocks is to buy it at what I believe is very low, and if it runs up to a point where I can sell some off to recoup my seed money.....while retaining some of the stock... then hopefully I hold a fairly large sum of the stock at a zero cost. This is what I did with this, and, we'll see where it goes from here. My head is spinning. Is this good or bad? 1 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted March 14, 2017 Author Report Share Posted March 14, 2017 10 hours ago, jmartin1145 said: My head is spinning. Is this good or bad? About 3 months ago I posted "A penny stock" and "Research this One".....This thread is about Western Pot Ash, a Canadian company. If you read the whole thread you will see it was at 13 cents at the start of the thread. I believe it went to about 34 cents and since then has dropped in value, WPX is involved in PotAsh which is basically fertilizer. The Chinese became very interested and WPX management were afraid of a hostile take over situation so the company reorganized so any take over would be more difficult. The reorganization slowed the expected/hoped for increases in stock value. World populations continue to grow and food and fresh water will be more valuable in the future than ever so I still believe WPX is a good stock to own... Typically what I try to do with these penny stocks is get in as low as possible. If my research is good the stock will double within 6 months and I will sell about half of the holding getting the initial investment back. I then hold shares that have no out of pocket cost to me. I do very little in these penny stocks. I have found that distressed bonds are a much safer investment. Hope this helps 2 Quote Link to comment Share on other sites More sharing options...
jmartin1145 Posted March 14, 2017 Report Share Posted March 14, 2017 On 3/12/2017 at 8:50 PM, coorslite21 said: This restructuring has been a bit of a game changer for this stock. (this is why you just never know) Fertilizer is still a great play for the future. As noted earlier my usual play on the lower priced stocks is to buy it at what I believe is very low, and if it runs up to a point where I can sell some off to recoup my seed money.....while retaining some of the stock... then hopefully I hold a fairly large sum of the stock at a zero cost. This is what I did with this, and, we'll see where it goes from here. Sorry Coors. I didn't attact the company Reorganization information you posted. That is what I was referring too. 1 Quote Link to comment Share on other sites More sharing options...
jmartin1145 Posted March 14, 2017 Report Share Posted March 14, 2017 @ Coors: I own a boatload of these shares, and im just trying to figure out if the reorganization is a good thing or bad. Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted March 15, 2017 Author Report Share Posted March 15, 2017 14 hours ago, jmartin1145 said: @ Coors: I own a boatload of these shares, and im just trying to figure out if the reorganization is a good thing or bad. IMO, yes the reorganization has stopped movement on this stock until everything is sorted out and the reorganization is completed. This reorganization wasn't on the radar at all and is one of the reasons people stay away from these smaller start up companies. I don't give financial advice. If you decide to hold, or sell your shares should depend on many things. How many shares, what price did you buy them at, what % of your portfolio are these shares, do holding these share hurt you in any other area of your life.....?? My general belief if that over time this is a good company to own. I could be wrong. As I stated earlier, when the stock increased I sold about half of what I owned which gave me a block of shares that I plan on holding onto. These shares at this point are at a no cost value to me. I believe food and fresh water stocks will do very well long term. This would include infrastructure and support companies to these industries as well. For me, at this point, a break even situation is my worse case scenario. Hope this helps. 2 Quote Link to comment Share on other sites More sharing options...
jmartin1145 Posted March 15, 2017 Report Share Posted March 15, 2017 8 hours ago, coorslite21 said: IMO, yes the reorganization has stopped movement on this stock until everything is sorted out and the reorganization is completed. This reorganization wasn't on the radar at all and is one of the reasons people stay away from these smaller start up companies. I don't give financial advice. If you decide to hold, or sell your shares should depend on many things. How many shares, what price did you buy them at, what % of your portfolio are these shares, do holding these share hurt you in any other area of your life.....?? My general belief if that over time this is a good company to own. I could be wrong. As I stated earlier, when the stock increased I sold about half of what I owned which gave me a block of shares that I plan on holding onto. These shares at this point are at a no cost value to me. I believe food and fresh water stocks will do very well long term. This would include infrastructure and support companies to these industries as well. For me, at this point, a break even situation is my worse case scenario. Hope this helps. Thanks Coors. I like your optimism. Quote Link to comment Share on other sites More sharing options...
jmartin1145 Posted April 6, 2017 Report Share Posted April 6, 2017 Anybody with a heads up on WPSHF? 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted April 6, 2017 Report Share Posted April 6, 2017 1 hour ago, jmartin1145 said: Anybody with a heads up on WPSHF? Started trading on the market yesterday. Trying to find out more, will post when I do. So far does not look good or bad. pp 1 Quote Link to comment Share on other sites More sharing options...
jmartin1145 Posted April 6, 2017 Report Share Posted April 6, 2017 Do you know what its trading under in the US stock exchange? Quote Link to comment Share on other sites More sharing options...
Low-Rise Posted April 18, 2017 Report Share Posted April 18, 2017 Seems interesting and everything looks a way up in trading. Thanks for the info though! Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted May 26, 2017 Author Report Share Posted May 26, 2017 On 3/14/2017 at 8:56 AM, coorslite21 said: About 3 months ago I posted "A penny stock" and "Research this One".....This thread is about Western Pot Ash, a Canadian company. If you read the whole thread you will see it was at 13 cents at the start of the thread. I believe it went to about 34 cents and since then has dropped in value, WPX is involved in PotAsh which is basically fertilizer. The Chinese became very interested and WPX management were afraid of a hostile take over situation so the company reorganized so any take over would be more difficult. The reorganization slowed the expected/hoped for increases in stock value. World populations continue to grow and food and fresh water will be more valuable in the future than ever so I still believe WPX is a good stock to own... Typically what I try to do with these penny stocks is get in as low as possible. If my research is good the stock will double within 6 months and I will sell about half of the holding getting the initial investment back. I then hold shares that have no out of pocket cost to me. I do very little in these penny stocks. I have found that distressed bonds are a much safer investment. Hope this helps As with any investment, you never know what directions it may take. I have waited a while before posting to see how it would shake out. As expected the reorganization involved the Chinese. Rather than just invest they became partners reorganizing under a new name. I think in the long run with the funds they can offer and the diversity they will pursue that the Company will do well. Here is an article that helps explain this: WESTERN POTASH CORP. COMPLETES CORPORATE REORGANIZATION 31/03/2017 March 31, 2017, Vancouver, BC – Western Potash Corp. (TSX: WPX) (FSE: AHE) ("Western Potash", the "Company") is pleased to announce the successful completion of its previously announced corporate reorganization by way of a court approved plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") with Western Resources Corp. ("Western Resources"), pursuant to which Western Resources has acquired all of the issued and outstanding common shares of Western Potash and Western Potash has become a wholly-owned subsidiary of Western Resources. Under the terms of the Arrangement, former Western Potash shareholders received Western Resources shares on the basis of 0.2 of a Western Resources common share for each one (1) Western Potash common share. "We are very pleased to have concluded the reorganization which will allow us to achieve an optimal corporate structure and facilitate our ability to consider and implement alternative value enhancing opportunities," commented Geoffrey Chang, Chairman of Western Potash. With the Arrangement now complete, Western Resources expects to become the TSX listed successor company to Western Potash. Western Potash shares are expected to be delisted from the TSX on April 5, 2017 and Western Resources shares are expected to commence trading simultaneously. Further details regarding the Arrangement are set out in the management information circular of Western Potash dated February 7, 2017, which is available on SEDAR under the Company's issuer profile at www.sedar.com. For more information on Western Potash Corp., please visit the Company's website at: www.westernpotash.com. ON BEHALF OF THE BOARD OF DIRECTORS "Geoffrey Chang" Geoffrey Chang Chairman Forward-Looking Information Certain statements contained in this news release constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as "anticipate", "continue", "estimate", "expect", "expected", "intend", "may", "will", "project", "plan", "should", "believe" and similar expressions (including negative variations), or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information that is set out herein, except in accordance with applicable securities laws. For more information on the contents of this release please contact Jerry Zhang, CorporateSecretary, at 604-689-9378. ================================================= So now the company is ...........Western Resources......and you can see how the did the stock offering above... https://www.bloomberg.com/press-releases/2017-05-24/western-resources-corp-provides-corporate-update Western Resources Corp. Provides Corporate Update 2017-05-24T23:33:29Z Save Western Resources Corp. Provides Corporate Update VANCOUVER, British Columbia, May 24, 2017 (GLOBE NEWSWIRE) -- Western Resources Corp. (TSX:WRX) (FSE:WR0) (the "Company") is pleased to provide an update following the completion of the Plan of Arrangement on March 31, 2017. The Company has replaced its wholly-owned subsidiary, Western Potash Corp.’s listing status on the Toronto Stock Exchange and commenced trading under the symbol WRX effective April 5, 2017. The Company’s shares also began trading on the Frankfurt Stock Exchange effective April 7, 2017 under the symbol WR0. The Company continues to be dedicated to moving forward the 146,000 tonne per year Milestone phase-one Potash Project in Regina, Saskatchewan. The project team held a very successful Community Open House on April 11, 2017 in the town of Kronau, which is located near the plant site. Engineering firm AMEC Foster Wheeler provided in-depth information on the plans for the processing facilities, and the Saskatchewan Mining Association (SMA) provided a hands-on solution mining demonstration. The event was well attended with about 80 visitors from the region, as well as representatives from the Provincial government and the local business community. The Company has also engaged independent financing experts to help secure strategic partner(s)/investor(s) who will provide sufficient funds for the construction and operation of the Milestone phase one project. The Milestone project team, and the engaged financing experts, have confidence in reaching the proposed strategic partnership. The Company’s Board of Directors has approved an investment proposal on low-rise multi-family development projects with Formwerks Boutique Properties. Formwerks is an award-winning firm with a portfolio of over 600 custom single-family homes and townhouses in the Greater Vancouver area. Known for its strong reputation on architectural design and land development, Formwerks has become a brand of quality and assurance in the Greater Vancouver real estate market. Western Resources’ Chairman James Moore noted, “I’m pleased to see that the Milestone Phase One Potash Project continues to make progress and is moving forward. In the meantime, I am excited that the Company has started the process of expanding an investment portfolio into other areas following the recent corporate restructuring. This new move will facilitate the Company’s ability to implement alternative value enhancing opportunities. The decision to partner with Formwerks is a good start in diversifying the Company’s assets. It will allow the Company’s cash to earn better returns and help improve the company’s asset structure. This investment will start to generate cash flows to the Company, and therefore increase our shareholder value.” Shareholders are invited to visit the Company website at www.westernresources.com for more information on the Company. ON BEHALF OF THE BOARD OF DIRECTORS "James Moore" James Moore Chairman ====================================================== and lastly go to the website ...... http://www.westernresources.com/investors/stock-information go to the "company" info.......and the drop down box allows you to click on Directors and Management... This will indicate that China is heavily involved.........even though you won't see a press re;ease stating as much. This same type of event is happening all over the world....not saying its a bad thing......just that it's happening All the same I am holding on to the shares I retained after getting my "seed" money out......I still think fertilizer, and feeding people will be a big business in the future. Just wanted to tie up the loose ends on this one. Hope this is all of some interest. 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted May 26, 2017 Report Share Posted May 26, 2017 Thxs CL. I am in fact increasing my stake as the shares are now at "fire sale" prices. pp Quote Link to comment Share on other sites More sharing options...
thomas2553 Posted May 26, 2017 Report Share Posted May 26, 2017 thanks for info coorslite21! i pulled up western resources on my tc2000 trading platform and the ticker symbol came up as WRX.TO it doesnt seem to have much trading volumn, 21k shares traded today, is that because its a penny stock? im a part time swing trader so im not familiar with long term holds in penny stocks. ijust want to make sure im looking at the same stock you are, on my platform it says it closed today at .58, is that correct? the total float is not showing on my platform either, i will check another site to try and find it. on a side note i remember looking at the sky through the back window of my moms car while laying on the "shelf"! it wouldnt take her to long to catch me and tell me to get down....lol Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted May 26, 2017 Author Report Share Posted May 26, 2017 Yes..... https://www.bloomberg.com/quote/WRX:CN Quote Link to comment Share on other sites More sharing options...
thomas2553 Posted May 26, 2017 Report Share Posted May 26, 2017 Thank you! Quote Link to comment Share on other sites More sharing options...
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