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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (44013)	7/6/2007 12:59:02 AM
From: johnlw	Read Replies (1) of 78419

marcos So what are your thoughts on the cellulosic ethanol plays? Specifically the ones targeting the pine beetle kill? Viable on a large scale in BC? Socially , economically,environmentally? 24 months ago when corn was under two bucks, canola $4, #1 CRSP was $3 and the after effects of BSE was still wreaking havoc around the countryside nobody was too concerned about the food supply. Now the boys have got a chance to make some ground up everyone is up in arms about where their next cheap loaf of bread or tortilla is coming from. I say let the industry mature and rationalize. Too bad the feds are sticking their hands in it but that's the way it goes here. I don’t buy your 3-4% food value, sorry. Permolex Ltd. operates a unique value-added grain fractionation facility located in Red Deer, Alberta, Canada. The facility is the first of its kind in North America, using feed grade wheat in its initial stages of production. The plant’s design incorporates leading edge technologies and processes to capitalize on the benefits of integration of three traditionally independent manufacturing processes, namely a flour mill, a gluten plant and an ethanol plant. This unique integration allows the by-products of one process to be utilized as feedstock for the next process. The milling and processing equipment used within the plant is of a world class standard and was built by experienced designers and contractors, incorporating technology used in facilities in the United States and Europe. In addition, the facility has incorporated a co-generation plant to produce the electricity and steam required in the various processes…………The facility produces bakery flour, vital wheat gluten, fuel grade ethanol and livestock feed. It also has the potential to produce higher protein vital wheat gluten as well as other grades of ethanol, and the remaining by-products can be further processed to produce incremental revenue streams. permolex.com permolex.com

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