Western Potash Gets Positive Prefeas Study

Mining Weekly reported that shares of Western Potash Corp (TSX:WPX) rose on the company’s announcement of pre-feasibility study results.

As quoted in the market news:

The news sent the Vancouver-based firm’s shares 4.6% higher on the TSX to end the trading session at C$1.37 apiece. Western Potash CEO Patricio Varas said the study confirmed Milestone offered a “compelling opportunity”. According to the study, construction on the project would start in 2013, with first output three years later. The payback period was five years.

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