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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. Its projects include the Tugaske Project, Lazlo Area, and Vanguard Area Project. The Tugaske Project is the Company’s advanced potash project. It has completed a full, bankable feasibility study and a follow-on front-end engineering and design study (FEED). The Lazlo Area is located in central Saskatchewan along an infrastructure corridor between the major population centers of Saskatoon and Regina. The Area is located over a thick and rich region of the Prairie Evaporite formation known locally as the Davidson Sub-basin. The Vanguard Area is located in central Saskatchewan and comprises two mineral leases, KL244 and KL245, and Potash Permit, SMP200. SMP200, which abuts existing Company leases, is about 7,180 hectares and represents a direct addition to mineral leases KL244 and KL245 in the Company’s Vanguard Area.


TSXV:GSP - Post by User

Post by bobbythebakeron Feb 03, 2024 10:25am
212 Views
Post# 35861057

The Difference Between Optimism & Pessimism: Just 2 Letters

The Difference Between Optimism & Pessimism: Just 2 Letters

GSP has always lived hand to mouth for operating capital - nature of the business.  Keep in mind GSP's own officers poured $750k of their own money into the company during 4Q23 with direct share purchases at 15 cents.

 

It’s been 2 months of radio silence from the company.  Over the years, the share price has trended lower during these quiet times, as investor anxiety climbs.

 

Some here may be on death watch.  But I’m on deal watch.

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