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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

Post by mdjbrownon Aug 08, 2024 9:57am
209 Views
Post# 36169308

Coming full circle

Coming full circleAlways interesting when things make their way full circle.

More than a decade ago a rep from Beechy approached every junior potash company in Saskatchewan with a patented idea for a horizontal selective solution mine that could revolutionize current potash extraction methods, and produce much greener results in the process.

Shortly after those presentations were made, every potash junior in Sask started to promote their own version of a novel extraction tech to the public based on a "proven" methodology being used in the oilfield and at the Moab mine owned by Intrepid and along with it making millions through financings, etc without truly understanding the science behind it.

None of them understood that the Moab thought process would not work in Saskatchewan especially cionsidering Moab used to be a conventional mine flooded out, and here we sit 10 years later, with not one of these juniors coming up with a sustainable / economical model of solution mining potash horizontally, and the only company that seems to truly understand the science of building a successful cavern design is, you guessed it -  Beechy Potash

Even more telling is there is no mention of Beechy in the latest Padcom press releases, yet according to drilling docs and earlier press releases, Beechy was the company that got them on their way before egos crept into the mining process, and from my understanding parted ways before the full mine design could be fully developed 3 years ago.






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