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American Potash Corp C.KCL

Alternate Symbol(s):  APCOF

American Potash Corp. is engaged in the acquisition and exploration of potash and lithium/brine properties in Utah. Its project is The Green River Potash and Lithium Project. It holds a 100% interest in 11 State of Utah Potash and Lithium leases,128 Federal placer claims and 11 Federal Potash Exploration Permit applications, which combined total an area of approximately 35,000 acres. The Green River Potash and Lithium Project is located in Grand County, Utah, 20-30 kilometers (km) west of Moab and 10-20 km northwest of Intrepid Potash’s evaporation pond solution mining operation. The Green River Potash and Lithium Project is made up of the Company’s Paradox Basin Potash Permit Project and Paradox Basin Brine and Potash Project. The Project is located within a geologic province known as the Paradox Salt Basin that extends approximately 160 km (100 miles) in width and 320 km (200 miles) in length in a northwest-southeast direction spanning southeastern Utah and southwestern Colorado.


CSE:KCL - Post by User

Post by Roddiggition Jan 13, 2023 7:20pm
306 Views
Post# 35222586

Potash Deal In The Making With KCL, Great Upside Potential

Potash Deal In The Making With KCL, Great Upside PotentialManagement has lent the company funds so that they can work on completing a JV deal for their Green River potash project. Why is this a good situation:

1) 71% of the float is held by management/friends/family/institutions
2) Management lend funds to complete a JV deal which means no dilution
3) Green River property has a historical resource of 600 million to 1 billion tonnes of potash, drilled too
4) Project is very close to the largest potash mine in america
5) Balance sheet is clean, so no debt baggage

December CSE Update - https://webfiles.thecse.com/American_Potash_Corp_-_Monthly_Progress_Report_December_2022.pdf?EemIfPKwgxP4gVKU6ZifSYme5NJDVPiD

Recent Company Presentation - https://americanpotash.com/site/assets/files/1/americanpotash_aug_31.pdf
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