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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

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

Post by BigJakeon Oct 28, 2021 6:12pm
293 Views
Post# 34061013

Not the time to worry about technical process risk

Not the time to worry about technical process risk
This has been a multi step process that is just starting to pay off in earnest. Property had to be acquired and proved out, technical process had to be documented and marketed to JV partners as well as investors all the while taking care not to dilute this so shareholders can actually profit from the upcoming success this company will achieve. With the upcoming listing on the LSE and financing for the first module around the corner, I think Mr. Ferguson deserves shareholders patience and confidence that he can see this through to the end, he has operated with honesty and integrity in all the time I have known of him which goes back to the potash one days. I worked 10 years in potash solution mining in this province and Mike's reputation is well deserved so let's be a little patient and let him prove this out, after all to my recollection all he has done so far is what he said he would do.
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