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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 black364on Dec 07, 2023 12:31pm
84 Views
Post# 35773258

RE:RE:News

RE:RE:News("Building a cavern to prove their tech might be on the back burner for now, as I am not sure the remaining cash on hand can fund both projects."

             
If anyone is puzzled today by Dan's above comment, don't be.  Go back to the November 29 release and it's clear where financing for cavern development is coming from.  Drilling down to a cavern isn't that costly, Developing a cavern will be more expensive.   Dan knows very well where the financing is coming from.  This is just Dan being Dan, gently sowing the seeds of doubt again.  As usual, Dan will have the last word. I don't need to reply nor argue with him again on this matter.  If anyone is interested, go back and read the releases.  Gensource is also good at leaving clues between the lines, I think it's their way of being a bit more informative, when they are at times being constrained by being more direct. 
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