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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 stockwatcher248on Jul 06, 2022 7:32pm
133 Views
Post# 34806850

RE:RE:RE:RE:RE:Today's Gensource Tweet

RE:RE:RE:RE:RE:Today's Gensource Tweetyour dead on MJB...this was Blacks posting on Nov 7th, 2021

With the LSE listing behind, we now have an easy avenue to raise capital, capital that will only be done on a debt basis.  The financing for this first project is being done non recourse, think hard about what the company has achieved.  We are now considered as having equity/value in the project,  I believe this absolves the company of seeking bought deals/offerings on a share for cash basis, thereby eliminating further dilution. 

what a goof...should be suspended for posting on Stockhouse...promoter gone wrong...    
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