Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market... see more

TSXV:GSP - Post Discussion

Gensource Potash Corp > Interesting read
View:
Post by mdjbrown on Sep 03, 2024 9:31pm

Interesting read

Looks like industry pioneers who understood the science required 8 years ago could have saved Western Potash a lot of money.  Does Gsp follow the same path or learn from Wrx's tribulations?

Credit where credit is due, and maybe these experienced guys need to be heading up some of these cavern projects


https://smri.memberclicks.net/assets/docs/Abstracts/2016/Fall/MP2016F_Haugen_Abstract.pdf

SMRI Fall 2016 Technical Conference 25 - 28 September 2016

 "d) Western Potash has picked up on the use of salt saturated solvent brine presumably from Intrepid or traditional documents. (Douglas F.Hambley, 2015), “The mining method contemplated in the Pilot Study uses secondary solution consisting of selective KCl solution mining from horizontally drilled wells utilizing a NaCl-saturated injection brine at a temperature of 100°C, so that solvent temperature at the caverns is higher than the in-situ formation temperature. The injection brine will preferentially dissolve KCl into solution leaving the NaCl and insolubles in place. KCl crystal production is then achieved through cooling crystallization processes.” In an added twist, they will be spending as much to buy salt to saturate the brine as they spend for manpower, more than for natural gas.“Product load-out and NaCl unloading will occur on the east side of the process building”….. “Cost Category, Salt procurement, Annual Cost $2,250,000 Cost per tonne $15.45” This didn’t work in the 60’s. It probably won’t work now."

e) Gensource Potash has also picked up the idea of selective mining with a salt saturated brine, and no salt stored on surface. An article by Pallisade Research summarizes their new solution mining technique (Kim, 2015) . Key statements include “In solution mining, saltwater (brine) is injected into the potash-bearing rock, which dissolves the potash, leaving everything else intact“.and “the brackish water is made into extraction brine, saturating it in salt, which dissolves the potash in the caverns.“ They clearly have adopted the idea of selective mining KCl out of the in-place crystal matrix over the whole potash horizon.
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities