Gensource Potash Corp AGCCF

Here is what $200 million gets a potash junior

[mdjbrown]

https://westernresources.com/fileLibrary/publicFiles/WesternPotashInvestorPPT2023Aug-Web.pdf

[stockwatcher248]

MJB....thx for posting..correct me if I'm wrong...market cap of WRX is bout $60 mil...mkt cap of GSP is around $50 mil...yet stages of developement are far and between....what am I missing...one has to be  grossly under valued and one must be grossly over valued...which is which????

[mdjbrown]

sw248,  true valuation of these novel horizontal selective corporations is difficult as production numbers for every single one of them are based on theoretical assumptions. Add that to widely varying tangible assets of each company, and its a wild west show out there.   I think those with deep pockets are now starting to realize although very intiguing in theory, realistically

[stockwatcher248]

wow great comments for your insight into this industry........thx.....guess I'll just hope if there is anything left of the most recent $700k financing, after rent and salaries that some type of work program can be started...won't hold my breath...thx MJB for the comments