Gensource Potash Corp V.GSP

I think Gensource finally made it to the door

[7Twiggy]

Nice to see the company put a little meat on the bone with a fairly clear time table for both the financing and initial construction.  Also that summary on the business wire very well put together. Nice to see some promotional activity. Not sure what is going to jump start the price back up, but
when it does I suspect it will come quickly.  Now that the company has a plan, I think that anyone wanting to get in or add had better put their own plan together.  Looks like there are a lot like me
that are waiting to see how the share price reacts to the financing.  Hopefully that won't be too late.
Just wish I had kept that truckload of .055 shares five or so years ago. Looks like we are finally opening the door to what could be one of the most profitabe investments for shareholders. If Gensource works out the way company executives are betting this company will be worth a fortune. Practically no trading taking place on the TSX.  Around 37,000 on other exchanges.  Hard to believe anyone is selling this ticket to the ball.  Can only assume they need the cash.  On the other hand, it is hard to believe very few are buying.  That takes us back to the promotional aspect and 
very few knowing about this gem flying below the radar.

[WalStreetPotash]

The "thing" that is going to start this gem back up is new money from new shareholders. Whether they're institutional or retail, It doesn't particularly matter. In the meantime almost all of the shareholders are long-term holders with extremely steady hands, so you can expect extremely steady prices. The majority of shareholders have owned this stock for more than a year

[7Twiggy]

WP, Good points.  I am a very active trader. Sold those .055 shares a long time ago and put the money into Canopy and other marijuan stocks in the early days.  Made a lot of money and have exited that area long ago.  GSP is still very speculative, so I will most see where the financing goes before I make a decision.  Right now most of my speculative money is on a play that

[bobbythebaker]

Hey Walstreet, I think your new money looking at Gensource may be forthcoming.  I feel like Rob's "last mile of financing" could also be the last mile for many things: transition from explorer to developer, uncertainty for investors, negligible book value (could increase from to $17mm to $150mm or so), absence of analysts, reluctance to discuss details of other modules

[7Twiggy]

If you count the other exchanges, Gensource has actually traded 122,000 with 55,000 changing hands on the Neo exchange.  With the financing I expect we will finally see some trading on the Frankfurt exchange.

[stockwatcher248]

Twiggy.....what Frankfurt exchange is GSP on???...please elaborate or have another drink....

[7Twiggy]

ISIN: CA37252X1042 OverviewChartsNewsKey DataPrice HistorySustainability Frankfurt WatchlistPortfolio BuySell   DayWeek1 Month6 Months1 Year3 YearsMax.

[bobbythebaker]

Twiggy, I see little difference between 800 and 122,000 shares traded.  I can see GSP regularly trading in the millions of shares per day by the end of the year.

[7Twiggy]

bb, the difference is 121,200, Don't be so sensitive, I did not mean to insult you. Should have known I might get a reaction.  Just having a little fun.  You most likely already do, but if not, go to  Stockwatch it gives you the info for all exchanges.  Someone like you that follows this stock closely will enjoy. That millions trading daily figure is a bit ambitious, but I