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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 Nov 22, 2021 2:51pm
259 Views
Post# 34154008

RE:RE:RE:Video Welcoming Gensource to the LSE

RE:RE:RE:Video Welcoming Gensource to the LSEStockwatcher, you're reading too much into the day-to-day movements.  Two weeks ago the stock was 20% higher than today.  Two months ago the stock was 30% lower than today.  Gensource plays things close to the vest, so the market still has to guess what comes next, and that's a recipe for some volatility in the short term.  But I wouldn't read anything into a day when the TSX ticker trades down 1/2 cents on $48k of volume, for a company closing in on a CAD$471mm project.  The real truth is in the institutions laying down hundreds of millions of dollars on K-Clean, and not whether joe six-pack buys or sells $20k in GSP shares today.  Eventually the GSP share price will represent the truth, but that comes after GSP and its partners have come to terms, when full details on the Tugaske Project and perhaps other projects can be revealed fully to the market.
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