Gensource Potash Corp V.GSP

GSP

[stockwatcher248]

wow...bad day for junior speculative Sask potash stocks...Western down 10%...Karnalyte down 10%...GSP down 2 %....even Nutrien down 6%....buying opportunities????

[7Twiggy]

Weakness all over the last few days, even natural gas stocks which are on a tear are down. Hard to keep a stock like Gensource up in a weak market.  Spring officially here and still no updates on financing.  With no updates it leaves the general investor thinking things are not going well.  

[stockwatcher248]

Twig....the company had a great story but unfortunaely nothing has come through on the financing...you have to admit it was a promoters dream....was a fun ride up....wait for the next bus...their will be others....

[bobbythebaker]

Don't despair, gents.  I know it's been a long haul, but no need to panic here just because the overall market is taking a hit.  If you compare GSP's price action compared to Nutrien's over the past 5 years, you'll notice that while they're not 100% in sync, they are surprisingly similar.  And the closer GSP gets to becoming a producer, the more I expect them

[7Twiggy]

BB, you may be in love with the stock, but the lack of communication is what is causing this stock to drop, not the market.  Keeping shareholders in the dark only works for so long.

[Rattler99]

Well I am on board with BB.. Mike and the team have really not suger coated anything.. They have been super clean on what is going on and truly have hit most of everything they have set out to be done. They are dealing with over seas investors and banks, they aren't risking any poor timing information releases. IMO this 25-40 cent range is completely irrelevant to the big picture. The team got

[black364]

You said it well Rattler, shows excellent reasoning and experience on your part.