Winter in the Great White North Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Winter in the Great White North

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ogi who wrote (7943)	3/13/2015 12:48:57 AM
From: Breccia	Read Replies (2) of 8273

FCV: That was an excellent newsletter they put out I agree but I didn’t see a mention of one thing. I attended the FCV at PDAC & loed at core and had a chance to talk with Ralph Rushton immediately afterwards and asked him about water, which will need to be used in their proposed process. Now that area of Peru is dry as a bone with no freshwater, so he said they would be using seawater in their process. On first look this seems to be a great solution to the problem, but it might also be somewhat of a risk. The processing plant which would be a mechanical entity would have to be constructed to be able to withstand the corrosive powers of saltwater. The other thing I was thinking about, hopefully it is of minor concern, is that the concentrated ore will need to be dried and what would be the residual effect of seawater salts on the product? Maybe they can get the project sold before they ever have to build the plant? SKE: action today was a little disappointing but it’s presumably some of the private placement stock coming out with the owners keeping the warrants? I was told that most of that PP was in very strong institutional hands so hopefully there’s not a lot of stock coming out. There is of course another financing in the wind to pay for this year’s exploration activity, I think they would like to get another $3 million into the treasury. One can only hope that is at a reasonable price and the current activity is not setting up for a lower price? There will be additional properties put into the company, they are looking for high quality ones that can be worked during the winter months.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next