Gensource Potash Corp V.GSP

Alternate Symbol(s): AGCCF

Chemicals Basic Materials

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, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.

TSXV:GSP - Post by User

Gensource Potash Corp

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Post by Hiddensecretson Oct 03, 2020 5:07pm

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Post# 31663553

Stock to re-rate to $ 1 per share from mid Nov to mid Dec

We are about 30 days from official Euler Hermes committee hearing to rubber stamp the GSP project. All the debates and review will have been concluded by the time the file is submitted to the committee.

Once GSP gets the funding they will then commence working on building other potash modules, each with a market value of $ 380 million to $ 400 million. They can build 5 very easily.

Therefore a re-rate to $ 1 per share from mid November to mid December 2020 is a reality. Stock should move up towards the $ 5 per share price as other modules are sold.

MPO

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