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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 Dec 17, 2022 11:48am
124 Views
Post# 35177614

RE:RE:If Volume Confirms Price Action, Then Ignore Today's Price

RE:RE:If Volume Confirms Price Action, Then Ignore Today's Pricesw248, I find it interesting that there was no subscription deadline date included in the recent Private Placement details as this strategy takes away from the get em before X date or they will be gone, sales pitch.

If interested, accredited investors would be participating in the PP due to the bonus warrants, instead of buying on the open market, so it will be interesting to see if this PP is fully subscribed, and one would think anyone taking advantage of Flow through shares for 2022 gain offsets would have to purchase them prior to March 1, 2023 if the same rules apply as RRSP contribution deadlines.

That said, Gsp's share price is holding up pretty well on low volume with tax loss selling hammering a lot of stocks across the markets.

Far more share consolidations announced in Nov / December as well for some reason, compared to recent years. LQwD, Honey Badger, HEXO, Encore Energy, Kingsman Minerals, Hunter, Acerus, KWESST, Bathurst, Rover Metals, just to name a few.

Everyone trying to tidy up their balance sheets heading into what might be a promising 2023, I guess





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