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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 black364on Jun 20, 2017 12:53pm
105 Views
Post# 26383127

RE:RE:RE:RE:RE:My Theoret

RE:RE:RE:RE:RE:My Theoret Hi again 115533. Regarding volume we'd be at a dime or less with several million shares on the ask  if we were in a death spiral. Most plays will see a dip in share price when news becomes scant, news and a slight drop in GSP's share price is also not and indication of a death spiral. It's possible that the remainder of that 5 million may not be paid ( I wouldn't assure anyone that it will ) and would indicate an end to the Essel deal but I am very much leaning towards the Essel deal going forward, if not I believe  there are others that will step in. There are reasons why things have slowed a bit presently, call the company as I do and they may tell you why. Overall GSP has moved along quite quickly however only looking at the share and not accepting a few hiccups along the way is a lack of due diligence usually causing an early exit for the investor. As glad as you are that you sold some of your shares the srtonger hands ( discounting flippers ) are just as glad they bought them. You have to do what you have to do though, don't let a message boards posters influence your decisions.   
Bullboard Posts