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 > BHP Is in Talks With Nutrien on Giant Potash Mine

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Comment by bobbythebakeron May 27, 2021 7:22am

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Post# 33273966

RE:BHP Is in Talks With Nutrien on Giant Potash Mine

I think this could actually be the best possible outcome for GSP, given Jansen is a mine that seems destined to be built. By tieing Jansen back into Nutrien and Canpotex, the current Canadian oligipoly would be preserved. While it would be more tons of Potash into the marketplace, it would not increase the number of Suppliers facing end users, keeping GSP as one of the few alternatives.

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