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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 May 18, 2024 12:12pm
147 Views
Post# 36047326

RE:RE:RE:RE:Bleak rumor's circulating on the WRX SH board

RE:RE:RE:RE:Bleak rumor's circulating on the WRX SH boardSorry for the late response sw248, as I was away for the last week.

There is no doubt junior execs can make a very good living when promoting hype, proven or otherwise, but eventually the market starts to figure it out.
 
As far as shareholders getting any ROI, I guess that would depend on their investment strategy, as I know several folks that have made really decent returns with GSP.  Those who caught on early to load up each time the shareprice dropped below .07 cents and sold when it touched the mid teens, have done well. If I am not mistaken, since 2014 there have been 6 or 7 cycles to double an initial investment.

As for 2 or 3 companies currently drilling, WRX was the only one but they they have announced a year delay, and other rumors are now circulating that results may be worse than expected.

As mentioned previously, it is long overdue for the brightest minds in the industry to get together to figure it out, but my bet would be on Beechy to solve the riddle.

The folks at Beechy have been in the industry for decades, are looking at this process through an actual hands on been there / done that approach, and would have gained a ton of knowledge through the PADCOM mine construction.

The companies who think they can figure this mystery out relying on just a chalk board approach are fooling themselves, as there is a reason this novel approach has remained on the chalk board for more than 6 decades and not producing economical potash.

The roadblock is clearly understood, now these guys just have to figure out how to get around it by tweaking basic phase chemistry. 

Simple,  right?








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