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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

Comment by 7Twiggyon Feb 09, 2022 12:01pm
128 Views
Post# 34412834

RE:RE:RE:RE:RE:RE:RE:GSP

RE:RE:RE:RE:RE:RE:RE:GSPI am no expert in the potash industry and nor do I care to be.  Based on what I have read
and picked up from some of the group here, looks like the odds are above average.  A lot of the company experts have put a lot of skin in the play.  I have no interest in gaslighting, like a few 
on this board. Based on the comments you have made over the months I have been following this board, you have been both supportive and you have been pretty good at sowing doubt.  I suspect you and a few others took advantage of the couple jumps in price.  If I had kept my original positon, I would most hang on to it at this point in the game.  Maybe sold a few as a nice problem in the future may be capital gains and spreading out the tax bill over a number of years.  Those holding in a TFSA  could do exceptionally well. I don't own a lot of small mining stocks as I have been
burnt a number of times over the years.  I am a bit of a gambler by nature so if I am into a
mining stock I am looking for a 10 bagger or more.  I took advantage of the price jump to get back in at lower prices.  Once I see how the financing goes I will make a decision to
get back in.  I think we will see a temporary opportunity at lower prices.  The company already has 400 million shares out we should see a significant amount of dilution.  Don't know much about how financing is arranged in Europe, but if it is like here, a lot of accredited investors
will be the winners on the new financing with lower prices than a retail investor.  I am surprised to see the stock holding up so well.  If it is due to only a couple of articles in the press, then imagine what real promotion will do.  For now I am just trying to figure out at what station I get back on the train. I imagine a lot of you following the stock will be standing on the same platform.
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