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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 bobbythebakeron Aug 18, 2022 1:16pm
155 Views
Post# 34905185

RE:RE:RE:RE:RE:RE:Calm Before The Storm?

RE:RE:RE:RE:RE:RE:Calm Before The Storm?Twiggy:  I've been in this stock for over 6 years.  The stock has been cut in half 6 times since then, but I still am up nicely on my investment.  I'm playing the long game, as I feel GSP is.  I believe they are doing everything they can to protect value for shareholders.  And that often means saying no to the wrong partners and working tirelessly to find the right ones.  GSP has even been sued by one demanding an ownership stake of the Tugaske Project that they declined to provide (since resolved out of court.)  As I've said on this board before, it all GSP ever wanted was to get a mine under construction and assure on-going executive compensation, a sub-par project would have been started long ago.  It's fine to base your investing on positive price action - many successfully do.  I just fancy myself a value investor - and I believe there's still plenty of it here.
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