RE:RE:RE:RE:RE:RE:RE:RE:Today's Gensource TweetBlack, do you ever wonder why other junior potash hopefuls who are relying on the same novel tech are trying their best to prove it can be accomplished through actual cavern construction and brine flow, and yet for years, others just keep on promote doing it?
Karnalyte, Western, and now Beechy all have or are currently trying to prove it can be done, and in Beechy's case, they are doing the best they can on a shoe string budget,
Why do you think that is?
Could it be because they clearly understand that without viably economic production, there is no mine at all and all the promotion in the world wont change that fact?
The problem isnt who is who in any particular company, the problem lies within a scientific dissolution / thermal riddle, that since the 60's hundreds of very bright minds have tried to solve, and fallen short after decades of actual dissolution testing, bench testing, computer modelling, etc.
Add that to several geological factors depending on what part of the world you are in, and it adds further complications.
Gsp promotes this model as and environmentally sound, inexpensive method of extraction / production leaving no tailings at surface which sounds great, so why is there not 1 other mine in the world using this tech?
You ever ask yourself why Yancoal sold certain leases to Gsp for a relatively cheap price, when Yancoal is also a potash hopeful and doesnt need the money. Ya, I do too!
Just for nostalgia sake, here is a Gsp presentation from almost a decade ago that pegs project construction in 2014. Still lots of promotion, but still waiting ..........................................
https://gensourcepotash.ca/wp-content/uploads/2013/03/GSP-PPT-General-Presentation-Jan-2014-MJF_RT.pdf