Gensource Potash Corp V.GSP

GSP

[stockwatcher248]

ok, let me get this straight....GSP has been promoting their story for the 10 years that I have been in the stock....financings failed in 2016...story continuies to be told to the investment community and unfortunaely to shareholders still no financing.....oh and by the way one only has to look at the past  financials to see that various principals have made over a million dollars in salaries over the years as a result of financings,etc...when dos this saga end????....either get the financing done...or put the property to bed...

[mdjbrown]

sw248, you ever wonder why other GSP leases have been touted as construction ready, only to have the story move to a different lease all together. Those of us who have watched this one since the start have seen Lazlo, Lothar, and now the Tugaske,  Vanguard projects struggle to secure construction financing. So why did Yancoal divest themselves of their KP 483 and KP-363 leases 

[stockwatcher248]

good points MJB....what is really bothersome to me is the with the lengthy delay in announcing any type of financing,.. they can can now use inflation, interest rate hikes, Ukraine and the inflated cost of cherrios as an excuse for the delay...I see the stock sinking to the 8-12c range with no update or news forthcoming...what do you think???

[7Twiggy]

Looks to me like the price is being held up. Most likely easy to do as I suspect most of the stock is held that die hards that will be willing to go down with the ship if need be.  As I said before all signs that I see point to difficulty in getting the financing. With no financing,  no mine and the shares become next to worthless. Maybe the only option is to do another financing and

[mdjbrown]

sw248, all of these junior potash hopefuls are in a really tough spot right now. Super high natural gas prices currently seen will dramatically increase costs of any mines OPEX, and as all of these solution mines are heavily reliant on natural gas, what is the break even number for economic feasibility?       These juniors rely on FS reports to obtain financing from deep

[stockwatcher248]

MJB...seems like every time you post I want to be out of the stock....have no one to blame but myself for still being in it to some degree...thx for your educated and knowlegable comments...