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Strategies & Market Trends : Dino's Bar & Grill

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To: fringe who wrote (30705)6/7/2017 2:19:49 PM
From: fringeRead Replies (2) of 202059
 
Update HPY

They have the largest known Tungsten deposit in the western world. They will do a PEA this year and start production with full funding from already committed partners, who are ready to dump $50M U.S. into it when asked. They've modeled several production approaches, including a start up at 600 tonnes a day but they think a full scale production model works best. The markets are readily available in the American north east. Right now there is only one small producer in Idaho and the rest is obtained from China. America desperately wants to wean itself off this supplier.

They've been on this property since the early 1990's when David prospected it, out of his own wallet.

America PRS ($) financier owns 16%. About thirty close mates, including insiders and directors, own 60% - that's why there are no shares available.

David Blann, the CEO and President, original founder, will allow retail to go in unaccredited on the (flow through or other) PP as long as they are referred somehow. Had a very nice long chat with him. That's how you get your shares.

They have Zinc and Indium as byproducts.

They've been approached many times to sell out. Ottawa has approached them with 'strategic metals' chats.

They are looking at 8000 tonnes per day in production, concentrated on site (a very easy process as Tungsten is so heavy). Zinc and Indium would be floated out.

You can reach David at happycreekminerals.com

FR
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