Western Potash

WPX-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about WPX-T

Signal
Opinion
Expert
HOLD
HOLD
November 18, 2013

(Market Call Minute) Hold until they get the financing.

Western Potash (WPX-T)
November 18, 2013

(Market Call Minute) Hold until they get the financing.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$0.390
Owned
No
HOLD
HOLD
May 28, 2013

Likes their Milestone property. Thinks they need $400 million to develop the mine so the question is, how are they going to get the financing. Doubts they can do the financing on their own, so if they can get a strategic partner to help them that would be great. This is one of the better ones to play.

Likes their Milestone property. Thinks they need $400 million to develop the mine so the question is, how are they going to get the financing. Doubts they can do the financing on their own, so if they can get a strategic partner to help them that would be great. This is one of the better ones to play.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$0.700
Owned
Unknown
DON'T BUY
DON'T BUY
April 11, 2013

Not encouraged with the fundamentals. You have seen some of the majors terminate some of their projects going forward. He does not think this is the market for junior potash companies.

Western Potash (WPX-T)
April 11, 2013

Not encouraged with the fundamentals. You have seen some of the majors terminate some of their projects going forward. He does not think this is the market for junior potash companies.

Jason Mayer
Portfolio Manager, Middlefield Capital
Price
$0.460
Owned
No
WAIT
WAIT
April 8, 2013

Got approval for their Milestone property in Saskatchewan. The problem is it’s a $3.3 billion project. If the Chinese took this over, then the price of potash wouldn’t have as big as an impact. Soon as there is any indication of joint venture or financing, that would be the time to step in.

Got approval for their Milestone property in Saskatchewan. The problem is it’s a $3.3 billion project. If the Chinese took this over, then the price of potash wouldn’t have as big as an impact. Soon as there is any indication of joint venture or financing, that would be the time to step in.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$0.455
Owned
Unknown
DON'T BUY
DON'T BUY
April 5, 2013

Potash (POT-T) has cut back production and is still trading at very low levels. This company requires a fairly high CapX, close to $3 billion. In this environment, that is challenging. Looking for JV partners or some kind of takeout buyers. She wouldn’t be stepping into this one just yet.

Potash (POT-T) has cut back production and is still trading at very low levels. This company requires a fairly high CapX, close to $3 billion. In this environment, that is challenging. Looking for JV partners or some kind of takeout buyers. She wouldn’t be stepping into this one just yet.

Alice Tsang
Portfolio Manager, Marquest Asset Management
Price
$0.455
Owned
Unknown
WATCH
WATCH
March 6, 2013

Developing a stone potash project in Saskatchewan, de-risking project by getting feasibility studies out. Recently got one out that showed $3.3 Billion to develop this project. How do they get this financing? Will be challenged unless they bring on a partner.

Developing a stone potash project in Saskatchewan, de-risking project by getting feasibility studies out. Recently got one out that showed $3.3 Billion to develop this project. How do they get this financing? Will be challenged unless they bring on a partner.

Michael Giordano
VP Investments & Portfolio Manager,
Price
$0.465
Owned
Unknown
DON'T BUY
DON'T BUY
December 27, 2012

Joint venture was rumoured about 5 months ago but the other party walked away. For potash development, it requires a lot of CapX of about $3.3 billion or so. It can’t do it alone. Very difficult for small companies. Would stay away from this one at these prices.

Western Potash (WPX-T)
December 27, 2012

Joint venture was rumoured about 5 months ago but the other party walked away. For potash development, it requires a lot of CapX of about $3.3 billion or so. It can’t do it alone. Very difficult for small companies. Would stay away from this one at these prices.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$0.425
Owned
No
DON'T BUY
DON'T BUY
September 28, 2012

Need a lot of capital to get the potash developed and the company is almost out of money. They were working on a joint venture that fell apart this summer. There is still downside because the balance sheet does not look that great.

Western Potash (WPX-T)
September 28, 2012

Need a lot of capital to get the potash developed and the company is almost out of money. They were working on a joint venture that fell apart this summer. There is still downside because the balance sheet does not look that great.

Peter Imhof
Vice President & Portfolio Manager, AGF Investments Inc
Price
$0.470
Owned
No
DON'T BUY
DON'T BUY
September 6, 2012

(Market Call Minute.) Has been in the penalty box because of a potential takeout with the Chinese that did not materialize. Cash is getting tender on the balance sheet.

Western Potash (WPX-T)
September 6, 2012

(Market Call Minute.) Has been in the penalty box because of a potential takeout with the Chinese that did not materialize. Cash is getting tender on the balance sheet.

Prakash Hariharan
Portfolio Manager, Analytixinsight Inc.
Price
$0.640
Owned
Unknown
DON'T BUY
DON'T BUY
July 11, 2012
Agriculture would be his second choice as a sector after gold. It will be much less cyclical than base metals or oils. This company has an emerging project in the Athabasca basin. It has been considered a takeover candidate but thinks the big boys are in a “wait and see” mode.
Agriculture would be his second choice as a sector after gold. It will be much less cyclical than base metals or oils. This company has an emerging project in the Athabasca basin. It has been considered a takeover candidate but thinks the big boys are in a “wait and see” mode.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.820
Owned
No
DON'T BUY
DON'T BUY
June 15, 2012
Likes the project. If you start to see some consolidation in the sector again, this will be a natural takeover. The problem is, big companies are shutting in projects now and not in a takeover or expansion mode. This will likely be a wait and see situation.
Likes the project. If you start to see some consolidation in the sector again, this will be a natural takeover. The problem is, big companies are shutting in projects now and not in a takeover or expansion mode. This will likely be a wait and see situation.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$1.020
Owned
Unknown
COMMENT
COMMENT
June 11, 2012
If this were to be taken out, the latest one has been about 30% and that is where she would peg the premium. BHP Billiton (BHP-N) (?) recently came out to put some of their projects on hold until the end of the year so it may be slower in terms of getting buyers into the project. She prefers Potash (POT-T).
If this were to be taken out, the latest one has been about 30% and that is where she would peg the premium. BHP Billiton (BHP-N) (?) recently came out to put some of their projects on hold until the end of the year so it may be slower in terms of getting buyers into the project. She prefers Potash (POT-T).
Alice Tsang
Portfolio Manager, Marquest Asset Management
Price
$1.040
Owned
No
COMMENT
COMMENT
June 6, 2012
Upside in any of the potash companies is difficult at this time. The sector is problematic. He would prefer Karnalyte (KRN-T).
Upside in any of the potash companies is difficult at this time. The sector is problematic. He would prefer Karnalyte (KRN-T).
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$1.030
Owned
Unknown
WAIT
WAIT
April 19, 2012
Has a deposit in Saskatchewan. AN earlier stage project that he does like. Thinks it is one of the more desirable projects. Potash is in a bit of a trough right now. Don’t buy ahead of their first quarter reports.
Western Potash (WPX-T)
April 19, 2012
Has a deposit in Saskatchewan. AN earlier stage project that he does like. Thinks it is one of the more desirable projects. Potash is in a bit of a trough right now. Don’t buy ahead of their first quarter reports.
Jason Mayer
Portfolio Manager, Middlefield Capital
Price
$0.990
Owned
Unknown
COMMENT
COMMENT
April 9, 2012
Has been surprised at the weakness. Have a very high quality potash deposit. There is a very good chance for a quality partner to come in and to help them either advance the project internally or ultimately by the company. A takeout price of $2-$3 is possible.
Has been surprised at the weakness. Have a very high quality potash deposit. There is a very good chance for a quality partner to come in and to help them either advance the project internally or ultimately by the company. A takeout price of $2-$3 is possible.
James Hodgins
Chief Investment Officer, Curvature Hedge Strategies
Price
$0.940
Owned
Unknown
Showing 1 to 15 of 42 entries