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Gensource Potash Corp AGCCF


Primary Symbol: V.GSP

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 Oct 24, 2023 11:29am
74 Views
Post# 35698268

RE:GSP

RE:GSPsw248, unfortunately a drilling program for just one cavern will cost much more than $700K, especially if Gensource is still relying on their once proposed fan (7 finger)  type cavern based on Intrepid's previous drilling campaign.

That would be a huge horizontal drilling undertaking, compared to the more common single horizontal cavern attached to an injection and production well.

I get the impression those who wield the executive magic wand are waiting for Western / PADCOM results before making any major decisions.
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