Quotes from the MDA Out Tonight "The Company is currently in the field acquiring seismic data on its 100% owned SMP200 exploration permit (SMP200 is part of the larger Vanguard Area)"
"The Tugaske Project is the Company’s most advanced project and management believes, the most advanced shovel-ready potash project globally."
"Currently, the Company is completing negotiations with private investment groups to fund the equity, or potentially both the debt and equity, portion(s) of the financing required for the Project. These negotiations are on-going and clearly critical to the Project. Gensource is working to crystallize its preferred financing option - one that will allow it to move the Project into construction."
"Future Plans - Gensource will continue with and complete project financing negotiations and will continue to undertake project related activities as appropriate to prepare the Tugaske Project for ramp-up to full execution (incl. construction) once financing is complete."