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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

Comment by bobbythebakeron Aug 30, 2021 12:37pm
202 Views
Post# 33781896

RE:RE:Keep going

RE:RE:Keep going Here on the highest volume day of the year, at all time highs, there are going to be sellers taking advantage of the liquidity and profits.  GSP only traded 3mm shares on the TSX-V for all of June and July.  Today we're already up over 1mm shares traded on the TSX-V (and even that is a mere 1/5 of 1% of the total shares outstanding) so anyone who wants any sizable amount of money out at these levels, for whatever reason, is being given a chance here.  This is a very impressive breakout move after a full year of consolidation between 18-24 cents.  Validates the progress announced in the quarterly MDA at the end of last week.  Get your calculators out on the value of a potentially funded Tugaske project under construction (spoiler alert:  it's meaningfully higher than today's record setting share price.)
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