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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. Its projects include the Tugaske Project, Lazlo Area, and Vanguard Area Project. The Tugaske Project is the Company’s advanced potash project. It has completed a full, bankable feasibility study and a follow-on front-end engineering and design study (FEED). The Lazlo Area is located in central Saskatchewan along an infrastructure corridor between the major population centers of Saskatoon and Regina. The Area is located over a thick and rich region of the Prairie Evaporite formation known locally as the Davidson Sub-basin. The Vanguard Area is located in central Saskatchewan and comprises two mineral leases, KL244 and KL245, and Potash Permit, SMP200. SMP200, which abuts existing Company leases, is about 7,180 hectares and represents a direct addition to mineral leases KL244 and KL245 in the Company’s Vanguard Area.


TSXV:GSP - Post by User

Bullboard Posts
Comment by zenith9on Dec 13, 2016 7:36pm
95 Views
Post# 25595277

RE:Conference Call

RE:Conference Call
7Twiggy wrote: Pretty good call. Nice summary of what was going on. Worth a listen. Should be on their website now. Very confident management group. Should be a very exciting next 6 months. What was said about trading the stock was that if someone had a large position and wanted to take some profits, they should call Gensource management and they would help facilitate the transaction. Tells me that their are buyers available to handle large transactions for those who want to take a little off the table without it impacting the stock price. By large they meant 800,000 and up. They also talked about it trading well. I think it was the finance guy that suggested the stock was very undervalued. When you think about it, those that got in on the last few days got in only a penny or so above the last .09 financing. Mind you there were warrants for .15 attached to that financing. In my mind the short term target for this stock is when the warrants are in the money. To me it looks like the fun is just beginning


Interesting comment about strong projects leading to successful JVs. I'm glad Essel Group are a private company, we all saw what happened Karnalyte when they tangoed with an Indian government organization. I think Mike was diplomatic in his phrasing but he is spot on. Will be interesting to see how the market reacts although I expect profit taking until the next news release. I definitely chased this...but I'm happy at these levels given the potential. Consider me a set of "strong hands".
Bullboard Posts