Gensource Potash Corp V.GSP

Thinking of getting back in

[7Twiggy]

With the price of Potash going up and this latest project looking good, am thinking of getting back in. Looks like a few others are doing the same thing.  Any chance of another finance or does Gensource have the funds available to get moving. Have not followed closely in years, but do they still have someone doing PR?

[black364]

Hi Twiggy. Yes, it's been awhile. You have some catching up to do. I believe it's best to cut to the chase, call the company and ask to speak with either Mike, Rob or Deb for comprehensive information.

[WalStreetPotash]

Calling them and having them catch you up would definitely be the best thing to do! Do us all a favour and post anything you think is interesting back here please.

[bobbythebaker]

Twiggy - good to hear from you - been awhile! Huge financing in the works:  HELM pitching in USD$40mm cash and "other tangible contributions it is making to support the overall financing of the Project" to get 33% of the SPV called Kclean that would operate the Tugaske project.  German Bank kFW IPEX and French Bank SocGen drumming USD$220mm debt.  Gensource is on the

[WalStreetPotash]

Gensource currently does not have all of the funds available “to get moving” we have approximately 2,500,000CAD in cash so we’re able to sustain the current operating tempo for quite some time. We're in the last stages of the financing agreements and currently waiting on announcements for; a listing on the London Stock Exchange (presumably for a secondary offering to raise our portion of the