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Gensource Potash Corp AGCCF


Primary Symbol: V.GSP

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 Jul 30, 2024 10:45pm
95 Views
Post# 36155542

RE:RE:RE:RE:RE:RE:Interesting that since the Western Potash announcement

RE:RE:RE:RE:RE:RE:Interesting that since the Western Potash announcementlol black you berate him relentlessly, but sw248 has your number ole boy 

He asks me a question, I answer it, and you roll out from under that dark rock in an absolute tizzy.

As I have mentioned several times, this executive team deserves a lot of credit for funding this corp during the lean times, so calm down a little, I am not attacking your boys.....

That said, the last decade of financials are readily available on SEDAR black, so lets not pretend they are a bunch of ficticious numbers to appease the regulators shall we. Execs whether reaching the end goal or not get paid handsomely, and that will never change.

As for any perceived shareholders advantage, interesting theory from you considering anyone holding since 2016 has had their initial holdings percentage diluted almost 3 fold, and that is somehow a good thing black?   

Now unfortunately the company is closing in on half a billion shares outstanding and a shovel has yet to break ground in 8 years despite millions upon millions of investment dollars flowing through the treasury , the companies cash reserves could use a needed boost, and their closest peer in the sector has put their cavern process on hold until it can be supercharged despite building a > $200 million mine / facility.

Let's wait until the latest GSP Financials are out in a week or so shall we black, and you can start beating your drum again about how outstanding things are going in the novel Sask potash sector.

Potash in general  is unfortunately not in a great spot right now, and with more global producers coming on line shortly, its not going to help any juniors hopes.   

It is what it is black, but thanks for showing up with your usual cheery disposition!






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