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SourcingLink.net Inc. (SNET)

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Last Post: 10/28/2016 6:22:18 PM - Followers: 111 - Board type: Free - Posts Today: 0
SourcingLink.net, Inc.    
Ticker symbol: SNET
Website

Who is SourcingLink.net?

SourcingLink.net is a U.S. Based publicly traded exploration and development company with a portfolio of claims containing rare metals and rare earth elements, which are among the primary input materials of technology in the 21st century.  The Company is currently focused on exploration and development of its Eldor Project in Quebec, Canada, which is recognized as one of the most favorable mining jurisdictions. in the world.
 

 

 

Mission Statement

The mission is straightforward: Garner superior investment returns by the developing the value, liquidity and profitability. We will follow our core principles and maintain proper transparency and accountability to our partners and shareholders. The key objective of this guidance is to source, evaluate and assimilate acquisition and consolidation activity in order to rapidly enhance the value of our portfolio and arrive at a valuation that we can all be proud of.

What Are Rare Earths?

 The Japanese call them “the seeds of technology.”  The US Department of Energy calls them “technology metals.”  They make possible the high tech world we live in today – everything from the miniaturization of electronics, to the enabling of green energy and medical technologies, to supporting a myriad of essential telecommunications and defense systems.  They are the elements that have become irreplaceable to our world of technology owing to their unique magnetic, phosphorescent, and catalytic properties.

Which Elements Are They?

Rare earth elements are a set of seventeen chemical elements in the periodic table, specifically the fifteen lanthanides plus scandium and yttrium. Scandium and yttrium are considered rare earth elements since they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties.  While named rare earths, they are in fact not that rare and are relatively abundant in the Earth’s crust.  What is unusual is to find them in quantities significant enough to support economic mineral development.

About Us

Company and Claim Development

The company owns 34 mineral claims on the Eldor Property in Northern Quebec, Canada. In the fall of 2014 SourcingLink.net conducted an exploratory expedition at the Eldor Property. The data from the expedition confirmed the existence of rare earth elements at SourcingLink.net’s Eldor Project. In addition, it has revealed significant values in the following Rare Earth Elements; Cerium, Lanthanum, Neodymium, Praseodymium, Samarium and Yttrium.

On some of our more recent claims it has recently been discovered that anomalous/precious earth mineralization’s exist (see May 12, 2015 press release). Nearer term future plans include a return to the radioactivity, therefore a ground radiometric survey and prospecting will be done in the previously reported vicinity for anomalous lake sediment survey samples and radiometric anomalies. Areas of anomalous radioactivity and sample locations above will be trenched and sampled.

After these expeditions are completed, the company plans on performing deep core drilling, typically performed during the winter when the ground is frozen, in an effort to fully determine the density levels of the various rare earth elements and metals. Ultimately the company plans to leverage the value of the claims via the sale of the claims, and perhaps retain ongoing royalties, or enter into a joint mining venture with a large and established mining company (see company President Chuck Wagner interview found in press release February 15, 2015).

The industry is already substantial but poised for significant growth in the near future. Read below for some of the applications that utilizes rare earth elements and metals (REE’s) and the company management team.

Also, to view a great illustration of the importance of REE’s click on the link below to see a March 2015 CBS News 60 minutes report about rare earth elements. Be sure and watch all 3 segments of the video report, certainly the second segment entitled Modern Devices under China’s grip, and the third video segment entitled U.S. Weaponry dependent on China, and you will likely be very impressed with how important REE’s are now, and will be going forward. (Be patient as it takes a minute or so to load).

http://www.cbsnews.com/news/rare-earth-elements-not-so-rare-after-all/

Rare Earth Metals

Rare Earth Elements (“REEs”) or Rare Earth Metals (“REMs) are a group of seventeen chemically similar metals that includes the elements scandium and yttrium and the lanthanide elements. The five critical rare earth elements, neodymium (most important because neodymium is used in permanent magnets), europium, terbium, dysprosium and yttrium.

Rare earths are an indispensable input to high-technology applications, including electric and hybrid vehicles, battery technology, wind turbines, cell phones, tablets, high definition televisions as well as other consumer electronics.

Refer to the Department of Defense and the Frank-Dodd Act of 2010

 

Hybrid Technology and Rare Earth Metals                                                                                                   Dysprosium for the Clean Technology Sector                    Europium & Terbium For CFL’s & LED Screens

Yttrium for Satellite and Defense Missiles

 

Management & Leadership Team

Anne M Carioti GG,

is the Chief Executive Officer of SourcingLink.net and a member of its Board of Directors. Extensive experience in upper management and company development has spanned over two decades. Highly involved with daily operations.

Prior to becoming CEO, Carioti held a senior management position within a successful precious metal and mineral business.  Carioti began her career at Birks-Mayor, Canada as a metal and mineral analyst after earning her graduate degree from Gemological Institute of America.

Chuck Wagner,

is the President of SourcingLink.net, with over 15 years of formidable experience in the financial services industry.  Outside of Wagner’s role in the financial services industry, Mr. Wagner has spent the last few years establishing relationships in the basic materials industry, along with the mining and oil and gas industries. Mr. Wagner is an instrumental member and we are excited to have him as a part of the team at SourcingLink.net.

He graduated from the University of Colorado and currently resides in San Francisco, CA.

Mani Pirouzbakht GG,

was appointed as the Chief Operating Officer of SourcingLink.net and a member of the Board of Directors.  Mr. Pirouzbakht’s previous experience includes performing feasibility studies for mineral deposits, conducted research on exploring specific avenues leading to introduction of new fields in active mines. Mr. Pirouzbakht assisted in interpreting geochemical data and provided estimation map of ore deposits by geochemical and geostatistical approaches, proved geological maps by GIS, prepared technical reports for Aalikav Zagros Consulting Engineers Co.  Pirouzbakht has a Master of Science degree, Mining Engineering (Exploration), Bachelor of Science , Mining Engineering (Exploration)

Tina Chan

was appointed as a member of the Board of Directors.  Her experience includes project coordinator handling 10-20 projects simultaneously with consistent positive feedback for GM Casting House, Inc, Chicago, IL.  Ms. Chan holds a Bachelors Degree from AI of Chicago.

Contact Info
  • 12526 High Bluff Drive
    Suite 300
    San Diego, CA 92130
 
Business Description

SourcingLink.net (SNET) is a U.S. Based publicly traded exploration and development company with a focus or rare earth metals and rare earth elements, which are among the primary input materials of technology in the 21st century. The Company is currently focused on exploration and development of it's Eldor project in Quebec, Canada, which is recognized as one of the most favorable mining jurisdictions in the world.

Rare earth elements are vital materials utilized in many 21st century technologies, including in most sustainable energy technologies and a wide spectrum of defense applications.

SNET Security Details
Share Structure
  Market Value1 $2,766,594 a/o May 18, 2015
  Authorized Shares 900,000,000 a/o Sep 30, 2014
  Outstanding Shares 461,099,032 a/o May 01, 2015
  -Restricted Not Available
  -Unrestricted Not Available
  Held at DTC Not Available
  Float 198,188,802 a/o May 01, 2015
  Par Value 0.001
Transfer Agent(s)

Olde Monmouth Stock Transfer Co., Inc.

  
 






SourcingLink.Net, Inc. (OTC Pink: SNET) is a US based company pursuing the exploration and development of Rare Earth Elements (REE) mining claims in the Eldor Rare Earth Property Claims in Quebec, Canada. The Company owns 34 claims covering an area of 3,951 acres adjacent to the Ashram Rare Earth Project. The economic valuation of the Ashram project is $2.32 billion. Radioactivity readings for the Eldor Project are higher than the reading for the Ashram project. Trenching, sampling and core drilling for further analysis are slated to begin in summer. The results will help ascertain the quality of the mineral resource under the Eldor Claims. 

*Analysis of data from samples collected by the local government has proved productive. The Company employed a consulting geologist to conduct exploratory research.  The results of the claims near the Ashram project were positive.

*The Ashram claims owned by Commerce Resources has received a valuation of $2.32 billion. The Deposit has a measured and indicated resource of 29.3 million tons at 1.90% TREO and an inferred resource of 219.8 million tons at 1.88% TREO. The deposits also boast a good balance between light, middle and heavy rare earth elements.

*Initial radiation readings for the Eldor claims have been stronger compared to the reading at Ashram deposits. The Company will be conducting trenching and sampling in the summer of 2015 and will be doing core drilling to get a clear picture of the mineral resources located underneath the ground.

*Assuming the total cost associated with the exploration program to be $15 million for the Cost Based Valuation Method, and using the Cohen Price Performance Index (average of these methods) SNET common stock is valued at $0.028 per share, 160.9% higher than the current stock price of $0.0064 per share
.

The surveying geologist Wayne Holmstead and his team STAKED ELEVEN NEW CLAIMS.  The new discovery was determined to be a viable site to visit based on a high lake sediment anomaly and associated magnetic low.  Rare earth metal values may indicate the discovery of a new carbonatite zone within these newly staked claims

 
 
 


 

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SNET
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Volume:
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SureTrader
SNET News: Update on Lac Fire Claims and Worldwide Demand 11/21/2016 11:45:09 AM
SNET News: Substantial Lithium Find on the Border of SNET Lac Fire Claim 10/11/2016 07:50:27 AM
SNET News: SourcingLink.inc., Letter to the shareholders 09/20/2016 09:47:18 AM
SNET News: SourcingLink.net, Inc.: Letter to the Shareholders 09/20/2016 09:29:59 AM
SNET News: SourcingLink.net Inc. : Lithium and Rubidium Exploration 08/25/2016 04:47:55 PM
PostSubject
#9070   SNET...075...volume gonna come here and send it for georgie18 10/28/16 06:22:18 PM
#9069   SNET...065...+132%... georgie18 10/27/16 10:47:50 AM
#9068   SNET... .028...Chart...double bottom on this dip...needs 200K plus georgie18 10/27/16 05:02:58 AM
#9067   Quietly waiting on SNET! $$$ GreenFever 09/01/16 11:13:00 PM
#9066   Interesting close SNET! LOL All that buying on GreenFever 08/26/16 05:16:57 PM
#9065   $SNET One Month Chart http://www.stockscores. $Pistol Pete$ 08/26/16 12:58:53 PM
#9064   SNET, Yes Green sometimes quieter is better!! midtownmurphy 08/26/16 12:41:38 PM
#9063   Sure is quiet here but nothing wrong with GreenFever 08/26/16 12:30:47 PM
#9062   Looks that way Green!! SNET is surely trading better!!! midtownmurphy 08/26/16 11:43:09 AM
#9061   SNET nice volume! Me thinks something nice developing here GreenFever 08/26/16 11:27:08 AM
#9060   SNET trading green Pete!!!! midtownmurphy 08/26/16 10:00:52 AM
#9059   Good News SNET!!! Keep it coming GreenFever 08/25/16 09:43:33 PM
#9058   NOTE 4: NOTES PAYABLE: threewheeler 08/25/16 09:01:05 PM
#9057   $SNET SourcingLink.net Inc. : Lithium and Rubidium Exploration Source: $Pistol Pete$ 08/25/16 06:36:48 PM
#9056   Pete SNET after hours NEWS OUT!!!! midtownmurphy 08/25/16 05:05:41 PM
#9055   $SNET 6 Months Chart http://www.stockscores.c $Pistol Pete$ 08/25/16 12:13:36 PM
#9054   LOL was asking you to post the $30k midtownmurphy 08/20/16 10:03:45 AM
#9053   this could be a good reason badbadbad 08/19/16 06:13:33 PM
#9052   SNET news ..... roger wilco 08/19/16 04:34:58 PM
#9051   RW can you paste the report that went midtownmurphy 08/19/16 12:09:57 PM
#9050   Newsletters out today on SNET. roger wilco 08/19/16 11:39:05 AM
#9049   Looks like SNET has some volume today eh? midtownmurphy 08/19/16 10:27:01 AM
#9048   10000/1 Split out of blue killed the volume Stockplus 08/19/16 06:41:02 AM
#9047   $SNET SNET Announces Start of Surface Exploration Program $Pistol Pete$ 08/05/16 08:51:10 AM
#9046   Pete SNET really looking good today on that midtownmurphy 08/04/16 01:18:30 PM
#9045   News>>> SNET Announces Start of Surface Exploration Program doogdilinger 08/04/16 09:03:43 AM
#9044   Damn it dieseljoe! chakalalaBoom 08/03/16 03:08:15 AM
#9043   Attorney letter to become current DieselJoe 08/02/16 10:55:20 PM
#9042   http://www.barchart.com/quotes/stocks/SNET mick 07/10/16 01:36:45 PM
#9041   https://www.facebook.com/Raysmithbull?fref=nf badbadbad 07/03/16 02:19:00 PM
#9040   http://newsblaststocktips.blogspot.com/2016/06/snet-sourcinglinknet-otc-pink-sne badbadbad 07/03/16 02:07:45 PM
#9039   SNET... .18...Chart linked from .13 alert...watch for psar georgie18 07/01/16 06:18:07 AM
#9038   Is SNET ready to RUNNNN? CJAKE1 06/29/16 04:36:05 PM
#9037   thanx, www.stockscores.com/chart.asp?TickerSymbol=snet&TimeRange=180&Inte mick 06/29/16 04:26:28 PM
#9036   Agreed lookin' like SNET could be preparin' to doogdilinger 06/29/16 11:06:10 AM
#9035   USA TODAY ON LITHIUM!!! midtownmurphy 06/29/16 10:13:11 AM
#9034   Those are some crazy numbers badbadbad 06/29/16 10:05:00 AM
#9033   The Lac Fire Property contains the same favorable badbadbad 06/29/16 10:04:15 AM
#9032   $SNET SourcingLink.net’s Geologist Provides an Information Update on $Pistol Pete$ 06/29/16 09:59:48 AM
#9031   SNET NEWS OUT midtownmurphy 06/29/16 09:36:17 AM
#9030   VOLUME ??? beambe 06/27/16 12:48:03 PM
#9029   Wow adding to radar here thnx Georgie! doogdilinger 06/27/16 09:19:37 AM
#9028   SNET... .13...Accumulating for reversal...Chart... georgie18 06/25/16 08:45:10 AM
#9027   SourcingLink.net (OTC Pink: SNET) - Lithium Claims - badbadbad 06/24/16 08:40:32 AM
#9026   SourcingLink.net is currently focused on exploration and development badbadbad 06/24/16 08:36:26 AM
#9025   Promo SNET TSLA boom... ofspring 06/24/16 07:20:18 AM
#9024   Hopefully we will get some updates for SNET badbadbad 06/21/16 10:00:04 AM
#9023   good to go 'SourcingLink.net Inc. (SNET)' mick 06/12/16 03:53:27 PM
#9022   thank you, 'SourcingLink.net Inc. (SNET)' mick 06/12/16 03:52:48 PM
#9021   SAN DIEGO, CA -- April 1, 2016 -- badbadbad 06/12/16 03:33:53 PM
PostSubject