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Bullboard - Stock Discussion Forum 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... see more

TSXV:GSP - Post Discussion

Gensource Potash Corp > 2023 Management Information Circular Now on SEDAR
View:
Post by bobbythebaker on May 30, 2023 3:24pm

2023 Management Information Circular Now on SEDAR

For those here who have complained about GSP exec salaries in the past, note that in 2022 they took reduced salaries (Ferguson from $435k to $300K, Theoret from $279k to $200k, Morsky from $279k to $200k) and received no other compensation/options.  Also note that no fees or compensation was taken whatsoever by any board member.  These guys have all tightened their belts while pushing the company forward and even putting much of their own capital (private placements, interest-free loan, open market equity purchases) into the company itself.  These guys are doing everything they can to get GSP over the hurdle while staying very investment friendly.

Comment by stockwatcher248 on May 30, 2023 10:30pm
lot smaller drops than the 55% drop shareholders took in their share orice
Comment by mdjbrown on May 31, 2023 9:36am
sw248, There can be no denying 2021 was certainly a banner year for Gensource executive compensation, so it is nice to see a more prudent fiscal management approach at very least until Tugaske project financing arrangement can be officially consumated. With half of the recent $800K non brokered private placement funded by insiders, that also certainly provides for positive optics. Now that June ...more  
Comment by mdjbrown on May 31, 2023 10:18am
btb, you are flattering your compensation comparisons for Gensouse execs for 2021  "(Ferguson from $435k to $300K, Theoret from $279k to $200k, Morsky from $279k to $200k" According to the Gensource MIC reported 2 days ago, compensation details including salaries and bonuses in 2021 were:  Mr. Ferguson from      $659,557 in 2021 to $300k in 2022 with no ...more  
Comment by black364 on May 31, 2023 10:51am
Geez, Edith. Would you take a look at that!  Stock No GSP Stock is back, and this just after we had celebration of life for him. I guess that's okay, Dan needs someone to bounce off of.  As for stated salaries, who among them doesn't actually take their salaries?  This is a huge gift for shareholders.  Dan, If you are looking for answers, I suggest you go to the annual. ...more  
Comment by mdjbrown on May 31, 2023 8:52pm
Lol black Answers are not what most shareholders are looking for. We have heard answers for years............ Results speak much louder, so lets see some rigs on site before Santa points his sleigh south! BTW -  Welcome back sw248
Comment by black364 on May 31, 2023 10:09pm
Yes, your lordship.  The company will snap right up to your wishes.  Regardless that they are structuring an equity financing for the betterment of the company and it's shareholders.  I'm sure management realizes the importance of Mr Dan Brown and will immediately stop all present work and activate your program. Yes, no doubt you are glad to see the one back that worships at ...more  
Comment by mdjbrown on Jun 01, 2023 12:40am
Your a real hoot black, It drives you crazy that guys like sw248 can think for himself and see's right through your rhetoric.  Not everyone is drinking your koolaid just because you say so, ole boy! It totally get it though, your terrified that once drilling starts and a cavern is circulating brine, you might be choking on those black feathers for years to come, although you should be ...more  
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