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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 Jan 16, 2024 11:56am
93 Views
Post# 35829211

RE:RE:RE:RE:GSP

RE:RE:RE:RE:GSPThere is no doubt oldsalt, that this novel industry has relied on favorable bits and peices seen relevant to selling such a huge story as the Moab mine operations being comparable in Saskatchewan, and as a result this narrative provoked many to think the technology should be no problem, as there is a working version in Utah.

Unfortunately the fact that this previous conventional underground potash mine that flooded out , and as a result was converted into an operating "horizontal selective solution mine" was most often left out of the "proven" part of the story by those promoting it in Saskatchewan.

With both Beechy and Western having attempted this important underground undertaking, many lessons must have been learned during those programs for the next attempts at perfecting this technology.  I can see Western being reluctant to share data being foreign owned, but Beechy is a Sask local that I am sure has a wealth of knowledge based on actual cavern building.

And I agree 100% with you oldsalt when you say "But there is a lot of resistance...I just don't know why." and unfortunately the only logical conclusion would be ego, and without doubt gets in the way of progress on every level!
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