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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 FOMOsapienon Nov 18, 2022 2:10pm
100 Views
Post# 35111121

RE:RE:RE:is PDAC in Gensource's near future?

RE:RE:RE:is PDAC in Gensource's near future?I like the way you think Frostback. Very risky with small cap at this stage, even if everything looks to be looking good. A lot of times things just don't pan out, and there goes your long investment. Had I have gotten in under $0.10, I'd still be happy right now and hold. With what seems to be a stalemate for the time being I will sit on the side lines. I could enter now at not a bad price, but if the news isn't sufficient I can see it going lower where I'd be "bag holding" for an undetermined amount of time, or just selling for a loss. It looked to have been having good 20% swings over the last months of timed correctly for those who didn't enter in at a lower cost, buying at 15/16 could have netted 20% avg per in and out. I waited too long watching the pattern to confirm it was indeed a pattern. Only capitalized on it once. But with the hold up in news or word on financing I feel it is risky at the moment. On top of that she's been pinned at 16(ish) for a while now as if to say "we are all just waiting on news". Can go one way or another. I like what GSP a doing and has going for them, but need to look out for reality. 
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