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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.


TSXV:GSP - Post by User

Comment by frostbackon Aug 14, 2023 9:04am
166 Views
Post# 35586693

RE:RE:RE:Imagine that! Belarus and Russia found ways to sell potash

RE:RE:RE:Imagine that! Belarus and Russia found ways to sell potashFrom what I understand all the Sask producers currently operating have curtailed CapEx to the bare minimum required.  How long this will last is anyone’s guess but does not bode well for the sector as a whole let alone the Jr. players hopeful to get into the game.  Timing on this one seems to be missed in terms of taking advantage of favorable commodity pricing, however if the project is viable it should be able to survive when the market is at the bottom.

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