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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.


TSXV:GSP - Post by User

Comment by frostbackon Nov 15, 2021 4:28pm
124 Views
Post# 34129036

RE:This mining process success really boils down to one thing

RE:This mining process success really boils down to one thingMDJ, was not bashing only pointing out the challenge that is ahead.  I have the same opinion as others that it is achievable but at what cost, timeline and consistency due to challenges of regional geology.  Is the ore laid down perfectly horizontal?  Are there bed dips?  Collapse features?  Carnallite stringers?  The list of unknowns and challenges are much longer than the average investor realizes and this to me translates to risk and what mitigations are in place to manage risk known and unknown?  
Have a look at Western and one can get a sense of how well the investors have done with that play, nothing is a sure bet but I do believe that the technical team assembled at GSP are some of the best in potash solution mining. 

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