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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 BigJakeon Sep 28, 2023 1:11pm
120 Views
Post# 35659754

RE:RE:RE:RE:RE:GSP $700k Private Placement

RE:RE:RE:RE:RE:GSP $700k Private Placement
mdjbrown wrote: Agree BJ, absolutely identical to all the positive rah rah pompoms flying with each and every press release,  In what world is a $700K PP a good sign, other than the bills can be paid until future PPs are announced.

Took the same flak from dilusional posters on Encanto's board, and when the dust settled,  it didnt work out so well there.  Gots ta pay attention if you dont want your investment dollars to evaporate when investing in junior miners 


Goes both ways!

 

I don't think having to do another private placement, further dilution just to keep the lights on is positive, in fact I think it sucks. But I  have a choice, accept it or sell and move on just like everyone else here. I am watching very closely, just not continuing to restate what should be obvious every week 
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