Gensource Potash Corp AGCCF

Primary Symbol: V.GSP

Chemicals Basic Materials

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.

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Gensource Potash Corp > 1Q24 MDA/Financials/Press Release Out

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Comment by stockwatcher248on May 31, 2024 6:56pm

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Post# 36067114

RE:RE:1Q24 MDA/Financials/Press Release Out

great points MJB....GSP has liabilities owing of $11 million and will have to be paid....yes insiders are pumping in insignificant amounts of cash of $300k in notes.... but when does the neccesity of issuing 100 million share at 10c, (and hopefully not 200 million at 6-7c) to pay the bills...stock is diluted out of sight...just my opinion....

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