Gensource Potash Corp V.GSP

It's Been A Long 4.5 Months Leading Into Year End Results

[bobbythebaker]

Of course, having the share price tanking the whole way sure hasn't helped pass the time.  The gain from this pain is, following next week's results, we will only have to wait 1.5 months until 1Q24 results come out the first week of December.  And with XTRA likely to provide guidance next week, it seems highly likely they will nail the 1Q guidance (if XTRA goes that granular) for a quarter that ends just 12 days later on 10/31.  Regardless, within 6 weeks, we will have gotten 6 more months sales data than we have today.

[bobbythebaker]

Sorry guys, wrong board.  This is for a stock I like (XTRAF) that is making next gen weapons detection for big venues to replace today's metal detectors.

[stockwatcher248]

BTB....ya easier pumping another POS than one with $300k  in cash and $10 MILLION in liabilties on their most recent financials....go pump on the right board...it's garbage

[Rattler99]

Oh gawd that made me laugh!! BTB stop everything!!  Please let the Wolf of Wallstreet  approve all your trades and posts... Maybe stay off the rum and just enjoy your weekend, but thanks for your useless insight ..lol

[stockwatcher248]

first trade under 10c since July....come on where are the pumpers???....BTB is getting worn down and Black has simply disappeared not having any believers or folllowers....

[stockwatcher248]

would love to get some comments...have 2 concerns....Company as June 30th had cash of $300k and accounts payable (bills outstanding ) of $4,000,000....how are those bills going to be paid, how and when ???....most companies wouldn't be able to keep their operations and doors opened...is a share consolidation coming???..would be devastating to existing sharedholders...devastating!!.....any

[mdjbrown]

sw248, I think you will find all the junior selective potash hopefuls are all struggling to raise capital.   Will it be Gensource, Continental, Evolution, Buffalo, or Western as they are all paddling in the same tech waters, so I expect the corporation with the best offer made to deep pockets will be the next big story.  My guess  51% - 49% partnership btw, in checking the most

[stockwatcher248]

couldn't agree more MJB....working capital position is so bad..cash $300,000...payables, liabilties $9,000,000...how does a company continue operations on that??....majority wouldn't.....certain management over the years have earned a MILLION dollars plus in salaries and various stock option benefits...what have shareholders benefited over those years...FA !!....oh well good NFL game

[mdjbrown]

sw248, there can be no denying that many executives across the Saskatchewan junior potash landscape have made very, very good livings on the promotion of this novel technology without ever drilling a cavern to actually test the science in real time at the corporations shareholders frustration. Quite honestly I am surprised that it took approx 10 years for some tough questions to finally appear on

[stockwatcher248]

great and interesting comments MJB...you are have obviously got a great handle on this industry...unfortunately a lot of shareholders don't  but have been promoted and pumped into this stock and are now caught in it...I see a nickle on it soon...thx again for your comments.....JMO