Sage Potash Corp SGPTF

Primary Symbol: V.SAGE

Sage Potash Corp. is a Canada-based mineral exploration company. The Company is focused on locating and developing economic mineral properties. The Company holds a mineral lease located in the State of Utah which comprise the Property. Its property includes Sage Plain Potash Property, which is located approximately 56 miles south of the Cane Creek mine and in the heart of the Paradox Basin. The Property is situated in southeastern Utah in San Juan County, near the Utah/Colorado border. The Property encompasses approximately 6,538 acres (2,282 hectares) of Utah State Potash Mineral leases, plus additional lands under private lease.

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Sage Potash Corp

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Post by 1StockInformeron Nov 13, 2023 8:28pm

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CEO Interview Breakdown: Potash for Agricultural Security

The global importance of potash as a critical nutrient for food production cannot be overstated. With the world population continuing to grow, having a domestic source of potash becomes crucial for reducing dependence on international supply chains. Currently, the major global producers are located in Canada, Russia, Belarus, and China, making a U.S.-based source a strategic move in the context of geopolitical uncertainties and trade dynamics.

In a recent interview titled on the O&M Partners Channel, Peter Hogendoorn, the CEO of Sage Potash Corp. (Ticker: SGPTF or SAGE.v), outlined the company's strategic focus on developing a potash deposit in Utah to enhance national food security in the United States.

Sage Potash boasts a substantial potash resource estimated at 280 million tons with exceptional economic characteristics, making it possibly one of the highest-grade deposits discovered in North America. Hogendoorn emphasized the company's geologically low-risk approach and scalable production goals.

The CEO outlined a unique approach to development, emphasizing a short timeline to production compared to traditional large-scale mining projects. By utilizing mechanical Vapor recompression units, Sage Potash plans to start with small-scale production, de-risking the project upfront and enabling expansion from cash flow.

Sage Potash aims to expedite production within 1 to 3 years, utilizing efficient technology and a risk-mitigation strategy. Hogendoorn emphasized their commitment to shareholders and the ambitious vision of becoming a billion-dollar asset. The company aligns its interests with retail investors, holding 63% ownership, ensuring a shared journey toward profitability and success.

The CEO emphasized that the company's focus is not on short-term share prices but on unlocking what they believe to be a billion-dollar asset value. The ultimate goal is to become an attractive acquisition target, providing a substantial exit strategy for investors while providing long-term security for American farmers.

Full video here:
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