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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 Aug 10, 2024 9:49am
135 Views
Post# 36172692

RE:RE:RE:Coming full circle

RE:RE:RE:Coming full circleAgree 100% oldsalt.

Otherwise you would be essentially creating a smaller version of a Belle Plaine conventional solution mine which with it comes with additional processing and much greater OPEX costs defeating the idea of horizontally mining through a highgrade seam with far less impurities.

I am positive the current operational conventional solution miners in Saskatchewan would love to slash their operating costs to improve the bottom line, but it is what it is.........

The folks at Gsp are well aware of this distiction as almost a decade ago they released their SMERP presentation defining the differences in solution mining methodology, and yet after 9 years 9 months after that presentation, a horizontal selective cavern has not been drilled by Gsp, let alone operating or producing potash.

https://gensourcepotash.ca/wp-content/uploads/2015/08/GSP-PPT-Comparing-BP-vs-SMERP-Feb2015.pdf

As you correctly state - There are not a lot of ways to do this to acheive desired success, so why not consult with those who have already tried it? 

There are not a lot of those guys out there either!

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