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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 mdjbrownon Aug 28, 2023 10:08pm
126 Views
Post# 35609134

RE:RE:RE:RE:Wouldn't it be nice if all the brilliant scientific minds at

RE:RE:RE:RE:Wouldn't it be nice if all the brilliant scientific minds atIts a difficult position for sure sw248.  Gensource has almost as many shares outstanding as Nutrien, so my guess is some form of consolidation has been discussed in the boardroom.

So how do you get ahead in this race?

When comparing Gensource to Evolution Potash there is not a lot of differences operationally, as neither have broken ground to date, they are both looking at very similiar green technology to pave the way forward, they are both looking for financing, and they both have capable leadership.

Big difference unfortunately is the share count.

Funding potash start ups in todays environment can be tricky but not impossible.  Look no further than Highfields Muga mine in Spain. 

With only a month left in summer 2023, it is unlikely Gsp will be breaking ground as hoped, but I am really getting the impression most junior Sask potash hopefuls in this sector are waiting to see how Westerns caverns pan out, as they are now just a couple months away from production.

They have had some top engineers and scientists reviewing their downhole technology recently, so lets see if the tweaks improve dissolution rates.
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