Gensource Potash Corp V.GSP

Alternate Symbol(s): AGCCF

Chemicals Chemicals

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.

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Gensource Potash Corp > Nutrien results and comments

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Comment by bobbythebakeron Feb 20, 2021 11:51am

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Post# 32618709

RE:Nutrien results and comments

It's funny. When I first invested in GSP nearly 5 years ago in June 2016, I wanted to take advantage of potash/ton prices getting smashed to $160 NOLA / $300 retail. I totally nailed the bottom on Potash prices. I don't believe at the time I suspected it would take this long for a recovery. Better late than never. And it gave plenty of time for GSP to complete their environmental assessment, feasibility study, due diligence and financing. Feels like it's all coming together nicely now, especially with the money printing / inflation starting to pick up around the globe. Could be a great time for GSP ahead.

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