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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

Post by WalStreetPotashon Dec 10, 2021 11:00am
142 Views
Post# 34218569

The only thing better than 3 dollars is 20 cents!

The only thing better than 3 dollars is 20 cents!I’ve been off-loading shares from 0.46 to 0.35 and the amazing thing about this share price being so foolishly low, is that I’ve gotten to accumulate an even larger portion of this FANTASTIC company. Sure, a part of me still feels a sting when my portfolio balance goes down more in a day then most people make in a year, but, once you logic past the giant red sting on the account balance section it provides an opportunity to rebuy shares at prices, I never thought I would see again. Because I took profits by averaging out on the way down, I have tons of profits left to average back in on the way up.

 
Thank you BTB for all of your advice over the years and Black for your analysis and comments. But a message for all of the newer investors and Ninja readers out there, don’t let your emotions rule your investing strategies. Times like these when the streets are running red, everyone is panicking, are exactly when you want to hold fast to your long-term fundamental investments. Because when it comes to the fundamentals nothing has changed. In fact, there has been no material change to this company in a very long time. Just a very large pump up in share price by investors that mostly already owned shares in the company on anticipation of the AIM listing. And steady progress, but no news on a complicated half a billion-dollar international deal during a pandemic. But nothing has materially changed about this companies’ future. So dont panic sell like it has. Take a deep breath, a long drink of some great liquor and hit the buy button to purchase more of the irrational human’s fear.

Happy Christmas


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