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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 bobbythebakeron Jan 27, 2022 1:52pm
142 Views
Post# 34367581

RE:RE:I think Gensource finally made it to the door

RE:RE:I think Gensource finally made it to the doorHey Walstreet, I think your new money looking at Gensource may be forthcoming.  I feel like Rob's "last mile of financing" could also be the last mile for many things: transition from explorer to developer, uncertainty for investors, negligible book value (could increase from to $17mm to $150mm or so), absence of analysts, reluctance to discuss details of other modules, zero valuation being given to growth potential, low trading volume, limited media coverage, etc.  All these could synergistically increase the number of investors looking at, and purchasing GSP shares, as opposed to the 800(!) GSP shares that have traded so far today on the TSX-V.  And apparently, we may not have to wait all that long for GSP to finish this last mile.
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