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Bullboard - Stock Discussion Forum Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. Its projects include the Tugaske Project, Lazlo Area, and Vanguard Area Project. The Tugaske Project is the Company’s advanced potash project. It has completed a full, bankable feasibility study and a follow-on front-end... see more

TSXV:GSP - Post Discussion

Gensource Potash Corp > The Difference Between Optimism & Pessimism: Just 2 Letters
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Post by bobbythebaker on Feb 03, 2024 10:25am

The Difference Between Optimism & Pessimism: Just 2 Letters

GSP has always lived hand to mouth for operating capital - nature of the business.  Keep in mind GSP's own officers poured $750k of their own money into the company during 4Q23 with direct share purchases at 15 cents.

 

It’s been 2 months of radio silence from the company.  Over the years, the share price has trended lower during these quiet times, as investor anxiety climbs.

 

Some here may be on death watch.  But I’m on deal watch.

Comment by 403boss on Feb 03, 2024 5:59pm
Not death watch just yet but a drop to the 4 cent range would make it hard to raise more capital
Comment by stockwatcher248 on Feb 03, 2024 8:38pm
BTB....if I recall last time I checked years ago those investment numbers you quote are significantly  less than the salaries that they have earned so what do they really have invested in the shares??..probably less than you and I....
Comment by stockwatcher248 on Feb 04, 2024 5:25am
BTB. ...do you honestly think a financing deal is close ???.....what are the options other than a share issue at these levels ???...what do you think is the reason that no operational news has come out in the past two months....your comments would be appreciated...
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