Gensource Potash Corp V.GSP

If Volume Confirms Price Action, Then Ignore Today's Price

[bobbythebaker]

With GSP trading a whopping 496,000 shares so far this month (around $75k and 1/10 of 1% of the float), it's on track for the lowest montly volume in almost 7 years.

[stockwatcher248]

so what is that telling us BTB, no interest in the stock??....what do you think the chances are of a successful private placement??

[Relaxing]

 I think what Bobby is saying is that very few people are willing to part with their shares at this low price and that the big shareholders are holding their shares ( and trust me some are still accumulating). The way I see it  this low price creates an opportunity for those who believe that GSP will eventually complete the financing.  Cheers and Merry Christmas to you all!

[stockwatcher248]

Relaxing your comments are all on the sell side of the trading.....any comments on the lack of buying???...is that maybe why there is such little selling???....large shareholders have to hold and there has beenn't sufficient buying to take much of their holdings...could you comment on the buy side of the equation...thx

[Relaxing]

Stockwatcher I cannot speak for others but I can speak on behalf of me and my family and my colleagues when I say "the big shareholders are not in this to make a few pennies like traders", We are in this for the long term and truly believe this management teeam is capable of getting the financing done. I guess it really depends if  you need the money and are a seller , or if you are

[stockwatcher248]

Relaxing if you don't speak for others why did you answer my question to BTB.....thx for your comments anyway...cheers

[mdjbrown]

sw248, I find it interesting that there was no subscription deadline date included in the recent Private Placement details as this strategy takes away from the get em before X date or they will be gone, sales pitch. If interested, accredited investors would be participating in the PP due to the bonus warrants, instead of buying on the open market, so it will be interesting to see if this PP is

[Rattler99]

Whooaaa Brown!! Slow down! A post about something other than proven technology? ITS A CHRISTMAS MIRACLE Jk.. Merry Xmas .. Good luck to all!

[mdjbrown]

oh sw248, I forget to mention the novel mining approach that Gensource is soley relying on will likely need to be proven to attract the investors out there with deep pockets ................lol       Embrace the Holidays everyone, and here's hoping for a very promising 2023 in the potash sector.