Gensource Potash Corp V.GSP

RE:Musings on The Options Grant

[mdjbrown]

What a difference more than 6 years makes or does it?

bobbythebaker wrote: Look - if GSP is granting options to its Senior Staff (I think they are all Senior Staff), directors and consultants right here, right now at 13-17 cents, that is incredibly bullish to me.  It tells me:

(a)  They expect the stock to go considerably higher than 13-17 cents.
(b)  They don't expect the share price of GSP to drop anytime soon, or else they would have waited to issue the grants until after the bad news

Considering we are getting closer and closer to definitively moving forward (or failing to do so) on Vanguard One, I think this is EXACTLY what you would want to see with feasibility study / financing / 3D Seismic / construction decision all likely in the next 90-120 days.

Also remember, GSP is currently the absent the Phase One $5mm they hoped to obtain from Essel Group, in order to complete the Feasibility Study.  With only 2 months until the due date there, it would seem they are just going to pay everyone in shares instead.  Once again.....extremely bullish if people are willing to work for options instead of cash.