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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 mdjbrownon Jul 23, 2022 9:58pm
225 Views
Post# 34845933

RE:RE:RE:RE:RE:Just telling it the way I see it

RE:RE:RE:RE:RE:Just telling it the way I see it7T, Gensource is faring quite well, as their market cap is substantially higher than other potash hopefuls relying on the novel technology.   If they were on par, Gsp would be trading in the .15 cent range.

The other 2 are private corporations, so tough to know how they are making out. 

As far as Ottawa's potash interest, it appears they are backing the big boys in the industry, and BHP appears to be the prize bull.  Keep in mind, BHP is not chasing a novel technology, so the Federal risk is mitigated substantially. 

If one of these potash hopefuls can figure it out, that will be a very exciting accomplishment, and believe Beechy Potash will either ring that bell, or learn a ton from the maiden process in order to fine tune it into success on the next mine.

60 years is a long time to wait lol, and with the daily improvements in technology, it is only a matter of time......................
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