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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 Jan 17, 2024 2:51pm
86 Views
Post# 35831908

RE:RE:RE:RE:RE:RE:RE:RE:Maybe we could benefit from a deal like this

RE:RE:RE:RE:RE:RE:RE:RE:Maybe we could benefit from a deal like thisblack,  there is no doubt the folks at Innovare / Gensource are very well connected and have been in the industry for a long time, so there should be no problem getting a drill bit in the ground.

Lets not kid ourselves though these companies are akin to 2 peas in a pod, as all the principles of Innovare are basically Gensource folks, including Mr. Ferguson's connection as one of the inventors of the Innovare SMERP patent, so it doesnt get much more non-arms length than that, acquisition or not................

Gsp has previously stated in their Technical report that the downhole science needs to be investigated, which cant be done in the boardroom as Western found out, even with some of the most experienced folks on the planet advising on that project.

That in my opinion is why I believe a team that has already drilled a working horizontal selective solution mining cavern would be an asset on the project as they have already paid millions for those lessons.

On another note, nice volume today giving the shareprice a boost on 1.7 million shares. Nice to see!


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