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.

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Gensource Potash Corp > Tidbit from the 6ix Virtual Mining Conference

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Comment by mdjbrownon Dec 12, 2022 8:33pm

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Post# 35167470

RE:Tidbit from the 6ix Virtual Mining Conference

A don't blink or you miss it moment, perhaps?

Great to see a timeline set for groundwork and drilling at Tugaske, but they will need to raise some sustantial money to get dirt flying.

The couple hundred thousand in the bank, and the $2 million remaining on the HELM Credit Facility wont last long, so a fully subscribed private placement recently announced is ultra important going into 2023

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