Bullboard - Stock Discussion Forum Sage Potash Corp V.SAGE

Alternate Symbol(s): SGPTF

Sage Potash Corp. is a Canada-based mineral exploration company. The Company is focused on locating and developing economic mineral properties. The Company holds a mineral lease located in the State of Utah which comprise the Property. Its property includes Sage Plain Potash Property, which is located approximately 56 miles south of the Cane Creek mine and in the heart of the Paradox Basin. The... see more

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Sage Potash Corp > Sage Potash's Path to a Billion-Dollar Asset

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Post by MarketMakerss on Sep 08, 2023 7:46pm

Sage Potash's Path to a Billion-Dollar Asset

As a vital mineral in fertilizers crucial for agricultural production and boosting crop yields, potash has been experiencing a continuous increase in demand, however, supply disruptions resulting from sanctions due to Russia's invasion of Ukraine have severely impacted the industry.

With a resource of 280 million tons and exceptional economic characteristics, Sage Potash (SGPTF SAGE.v) has emerged as a promising player in the sector, well-positioned for rapid development, as discussed in this 6 Minute CEO Interview with the CEO, Peter Hogendoorn: https://www.youtube.com/watch?v=_3KpM_TLyrI&t=8s&ab_channel=O%26MPartners

Driven by a commitment to shareholders with the vision of becoming a billion-dollar asset, Sage is focused on developing a domestic source of potash to reduce dependence on international supply chains.

Sage's Plains Project spans over 88,000 acres of mineral leases and permit applications in Utah's Paradox Basin and encompasses 2 potash beds.

Aiming to expedite production within 1 to 3 years with the pilot project expected to begin in mid-2024, the potential of the deposit is highlighted by Sage's geologically low-risk approach and scalable production units of 150,000 tons per year over 15 to 20 years

By ensuring a secure supply of high-grade potash through its large-scale resource, SAGE is strategically positioned to satisfy a significant portion of US potash demands by establishing a local and reliable supply chain which will protect North America from any unpredictable external factors that may arise.

For more information, check out this Streetwise Reports Article that highlights Sage as a promising player in the potash sector earning a "BUY" rating due to its favourable fundamentals: https://www.streetwisereports.com/article/2023/08/31/potash-company-receives-essential-permit.html

Posted on behalf of Sage Potash Corp.