Gensource Potash Corp V.GSP

Peel Hunt

[black364]

Peel Hunt has a buy recommendation on Gensource. I believe this is the main reason we're seeing some interest at a slightly higher level today. That's okay, we'll eat through those that still wish to sell. It's for each to extrapolate what they may gleam out of this buy recommendation. As for me, it is very welcome news and take it as another step closer to what we're waiting for.

[stockwatcher248]

Black...where can one find a copy of the recommendation??...

[black364]

For those who haven't a route to this recommendation, I'll pass this on.  As a GSP shareholder your broker is responsible for informing you, I have a broker that does, he sent this out to me yesterday mere minutes after Peel Hunt broke the news.  If your broker hasn't passed this on to you, I would be asking her / him why.  Within the article there are items of interest,

[black364]

To add:  I believe some of the buyers know about this article and they have the edge on those that don't, whether they may be present sellers or prospective buyers.  I don't think that this board should be one's main source of due diligence.  To be safe, take me as liar, at least until you have contacted the company to confirm. 

[mdjbrown]

sw248 Peel Hunt is keeping their initial target price from last fall.  https://www.americanbankingnews.com/2021/10/25/gensource-potash-cvegsp-given-a-c0-60-price-target-by-peel-hunt-analysts.html Gensource Potash (CVE:GSP) received a C$0.60 price objective from research analysts at Peel Hunt in a report issued on Monday, BayStreet.CA reports. The firm presently has a “buy

[stockwatcher248]

thx for posting MJ

[7Twiggy]

I would not get too excited.  This is the same firm they need to get that LSE listing. If I am not mistaken this was the target at the time.  As I expected still no word on the finacing.  Wonder who is selling as the time to sell would have been on that last up tick. Maybe when the leaves come out May 21 we will see the financing.  

[stockwatcher248]

I agree with you Twig...those Peel comments, although very positive, came out many months ago...although one poster tied these comments to the recent strength in the share price I am of the beieve it is more tied to recent announcements, market conditions and the believe the financing is closer and close...

[7Twiggy]

sw, I think your comments on market conditions are right on the money.  Just look at the price of potash and how this Russian move is impacting prices. Those buyers at .05 are sitting pretty and if I were in their shoes I would most likely hold on for the ride.  Still think the dilution coming with this next financing will provide a great opportunity for those not on the wagon, to get

[black364]

There happens to be one poster, and probably the only one on this board who doesn't recognize that the current P H buy recommendation is a needed stepping stone, in order to raise the share price to complete the financing. 

[stockwatcher248]

the upcoming financing will be dictated by the existing share price, potash prices, market conditions, and not by a research report that are a dime and dozen....sophisticated investors are way ahead of the game and reports...other investors rely on outdated info

[black364]

For the sake of the board, get it straight.  This is not a RESEARCH REPORT, it is a current updated Peel Hunt BUY RECOMMENDATION, dated Feb 24 2022. It is part of a sequence to raise the share price to complete the financing.  As usual, you need a second kick of a mule for an education?   

[stockwatcher248]

stock was 39c Feb 9th, a month ago...so this Report, call it what you want, has done nothing for the share price...so what is your point other than an irrelevant meaningless posting...get with it

[stockwatcher248]

oh oh...Black is a bit ancy today...must be in the booze...hopefully home alone

[7Twiggy]

Black, on this one I think sw wins the day.  That recommendation was put out when Gensource needed it to get the listing.  Way too many shares here.  Moved the money to buy Gensource to the oil and gas side until the financing comes.  Your obviously in love with this stock and if the technology works out will make a fortune.  In the meantime the financing IMO will lower

[black364]

Twiggy, this isn't a case of who wins the day.  I merrily posted that a few days ago Peel Hunt updated their buy recommendation, Feb 24 2022 to be exact.  I don't know why that is so problematic other than SW wants to fight all of the time, you too can join SW and pile on if you wish.  There are some interesting things in the recommendation beyond the recommendation it's

[7Twiggy]

No right or wrong here black. Don't think any of us retail investors know what is going on. You most likely are in a better position than most.  You have your position.  I am still waiting for an entry point a little lower and the financing may or may not do that. At any rate the stock having a great day. Up 13% last time I looked.

[black364]

First of all, thank you Jake, for your contribution today.  Mike provided a pretty comprehensive reply for you. It's as close to a news release you'll get without an actual release.  Twiggy, I think that there may be a window open for you once the equity providers have been given their discount, but of course, we really don't know how that will play out.  As for the

[BigJake]

My email was answered in less than one hour not the experience I have had with other companies, nice 10% bump today