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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 mdjbrownon Nov 02, 2022 7:47pm
135 Views
Post# 35068276

RE:gsp

RE:gspsw248,  yes the K+S Bethune mine, and Mosaic Belle Plaine mine are solution mines in Saskatchewan however they do not horizontally target thin seams of Sylvinite. Instead they bring everything in the brine solution to the surface and process all the impurities out of the brine which costs substantially more to do. 

As mentioned before.....Take a strawberry shortcake and and try to run a straw through the strawberry filling without touching and of the rest of the cake.

Here is a GSP presentation describing the differences in techniques

https://gensourcepotash.ca/wp-content/uploads/2015/08/GSP-PPT-Comparing-BP-vs-SMERP-Feb2015.pdf

You may recognize the term SMERP in this Gensource 2015 presentation, as a year later some noteable names filed a patent on behalf of Innovare for a process called SMERP.

GSP would offer to buy out Innovare's principals a few years later for approx $11.5 million in shares


Patent number: 9822013
Type: Grant
Filed: Jul 6, 2016
Date of Patent: Nov 21, 2017
AssigneeInnovare Technologies Ltd. (Carlyle)
InventorsJohn Sheldon McEwan (Oceanside, CA), Sandy DeBusschere (Carlyle), Michael John Ferguson (North Saancih), Max E. Ramey (Plaetas, NM)
Primary ExaminerEdward Johnson
Application Number: 15/203,651



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