Joan,
If one can believe the sales pitch given by the Silverado Gold Mines Ltd. company about the "Low-Rank Coal-Water Fuel" they have associated themselves with, then its a too good to be true opportunity for investors and world energy needs.
<<show that it technically works and also prove that it is cost effective>>
Maybe if it is true, the hype, then I guess it will be possible to see something in 2 to 5 years if enough of that type of coal is available and the mining and processing and delivery and use has it all together.
stockhouse.com
Silverado Gold Mines Ltd. Distinguished Scientist Heads New Fuel Technology Division Dr Warrick Willson, one of the world's leading..... ...with the University of Alaska's Mineral Research Laboratory, Great Northern Engineering and Coal Water Fuel Services, he will direct...
The new liquid fuel process has been validated in pilot plants in Australia, Japan and the United States and is ready for commercial demonstration.
...discussions with industry and government officials in various countries ... India, Japan, Korea, Indonesia, Thailand, China, Philippines, Ukraine, Poland, Czech Republic and the former Yugoslavia.
The company anticipates it will focus initially on Pacific Rim countries where there is a multi-billion dollar market for the new fuel in manufacturing industries and power generating utilities. |