Gensource Potash Corp V.GSP

Alternate Symbol(s): AGCCF

Chemicals Basic Materials

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

Gensource Potash Corp > Citius, Altius, Fortius

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Comment by mdjbrownon Jul 03, 2022 9:23am

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Post# 34797908

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Citius, Altius, Fortius

no doubt habsguy, and the added risk is that without a viably economic horizontal selective solution mine, it can not happen.

Solution mining operations like Belle Plaine and Bethune mines have been proven to be successful in Saskatchewan, but that is not what Gsp is modelling their success around.

If that were the case $4 billion would be a better CAPEX starting point, and it appears raising a tenth of that amount has proven challenging for the novel technology Gsp is relying on..

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