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Bullboard - Stock Discussion Forum Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market... see more

TSXV:GSP - Post Discussion

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Post by stockwatcher248 on Mar 07, 2023 4:16pm

GSP

MJB......no specific dates on any immediate work programs.....no fresh news on major project financing...no type of updated status on HELM Corp with the project....no interest by investors in te stock...tell me we aren't back to square one as in 10years ago....what's your thinking on the lack of any significant news???...TIA
Comment by mdjbrown on Mar 07, 2023 10:39pm
sw248, it is really anyones guess as management have announced they want to prove out some of their cavern dynamics, but of course that costs millions to complete.  I think it is fair to say the amount of capital raised in the recent private placement fell short of corporate  expectations. Added to that, it is unknown what remains on the $5 million HELM credit facility. Not sure how ...more  
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