Gensource Potash Corp V.GSP

Alternate Symbol(s): AGCCF

Chemicals Chemicals

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.

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Gensource Potash Corp > Today's Gensource Tweet

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Comment by howie65on Jul 12, 2022 11:32am

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

mdjbrown wrote: I already have the answers black, but I was looking forward to some of the cheerleaders like yourself enlightening me, as you seem to have it all figured out which is nothing short of amazing considering one else has in 60 years

I have been very fortunate to discuss this elusive process with some of the best Geo's and Chemical Engineers in Saskatchewan, and it is amazing to hear their thoughts. In fact some were on teams trying to solve the riddle decades ago, and not much has changed in the way of the scientific challenges.

On another note, some other interesting fund manager types I had lunch with have a very different approach to this one, which I found very interesting.

They are certain at some point Gsp will have to consolidate their outstanding float as it is getting way up there for a junior not creating revenue, and their words the tighter the consolidation the better. Between 10 or 15 to 1 seemed to be where they were hoping, as they will be lined up to short this one as soon as it happens.

So there you go black. Different strokes for different folks

Lets see where this is a year from now, as none of us know for sure.......