Re: Canadian Insider
in response to
by
posted on
Jan 20, 2011 08:54AM
Acquisition, evaluation and exploration of potash mineral properties in Western Canada.
Sorry, don't follow much anymore so I don't have anything to add. I had bought in relatively early at $1.20 and watched it go over $2 but sold on the way down at about $1.30 just to get a bit of profit. I only posted the Insider report because a couple of friends invested here and watched it go all the way down. I copied it to send to them because they don't follow their investment. So, thought I'd post it here too.
Sure looking good these days and potash should be hot as more food is required worldwide to feed the masses in developing countries that are moving from the farms where they were much more self supporting. This is serious not only for fertilizer but wheat etc.
Along the fertilizer line, myself and a few friends bought into DAN at the beginning of November at .13 and .14. It is mainly phosphates. The price of phosphate could rise more than potash from a few things that I have read. I was a little quick to sell and sold it all at less than .30 which was great for me in less than 3 months. But, DAN got up to .50. It has moved back some lately to close at .37 yesterday. I am not suggesting that you buy it at this price and I am somewhat of a rookie investor so wouldn't want to suggest a price to target for purchase. It seems to be a well run company and related in a way to WPX so just thought I'd mention it as something to look at. I wish I was still in it and will try to get back in there.
Good luck with WPX, wish I was still in here too. Brent
Sheldon is still buying.........
Western Potash Corp. (WPX) |
As of January 19th, 2011 | ||||||
Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
Jan 19/11 | Jan 17/11 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 241,900 | $1.357 |
Jan 19/11 | Jan 17/11 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 120,100 | $1.361 |
Jan 11/11 | Dec 29/10 | Varas, Jorge Patricio | Direct Ownership | Options | 50 - Grant of options | 500,000 | $1.100 |
Jan 11/11 | Dec 29/10 | Pekeski, Dean Edward | Direct Ownership | Options | 50 - Grant of options | 500,000 | $1.100 |
Jan 10/11 | Jan 05/11 | Inwentash, Sheldon | Control or Direction | Warrants | 10 - Acquisition in the public market | 1,000,000 | $0.420 |
Jan 10/11 | Jan 06/11 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 50,000 | $1.180 |
Jan 07/11 | Jan 05/11 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 100,000 | $1.165 |
Jan 07/11 | Jan 05/11 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 106,300 | $1.166 |
Jan 07/11 | Jan 05/11 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 93,700 | $1.164 |
Jan 07/11 | Jan 04/11 | Inwentash, Sheldon | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 68,700 | $1.176 |