Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Nov 23, 2022 10:43am
123 Views
Post# 35121763

RE:RE:RE:Emotional Investing

RE:RE:RE:Emotional Investing btb, what do you think Q3 financials are going to reveal?

What source has been paying Gsp's bills including salaries the last quarter?  Is it further draws from the K-Clean / Helm $5 million credit facility?

Does GSP have the updated report for economic feasibility of the Tugaske project?

Did GSP conduct the dynamic dissolution tests required as mentioned in the last Technical Report, instead of basing the mining cavern models on assumption?

Whats going on with the highly touted but dillutive Innovare transaction?

GSP already has almost a half a billion shares outstanding with no equity component of the required project financing. How is GSP going to raise more than $100 million without further dilution to current shareholders?


These are questions shareholders should be asking, and not holding on to hope and optimism


Western is miles ahead of Gensource in their quest to become the first, but that progress came at a huge cost to the original shareholders through dilutions and creative partnerships.............  Ask those folks how hope and optimism worked out for them
<< Previous
Bullboard Posts
Next >>