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SourcingLink.net Inc. (SNET)

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Last Post: 6/7/2017 1:19:22 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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SureTrader
SNET News: SourcingLink.net Succeeds in Additional Lithium Exploration 06/07/2017 08:35:12 AM
SNET News: SourcingLink.net Exploration on the Lac Fire Lithium Property 05/22/2017 09:42:52 AM
SNET News: SourcingLink.net Secures Option to Purchase Cobalt Claims 05/09/2017 09:07:35 AM
SNET News: SourcingLink.net, Inc. -- Cobalt in James Bay 04/26/2017 08:53:13 AM
SNET News: SourcingLink.net Second Lithium Property 04/12/2017 08:35:20 AM
PostSubject
#9110   I would just like to see some proof.. roger wilco 06/07/17 01:19:22 PM
#9109   yes, just sitting here - high position of stockyupydowny 06/07/17 11:15:58 AM
#9108   Yup...thin enough for a nice move once vndm georgie18 06/07/17 11:14:05 AM
#9107   starting to see some life back in the stockyupydowny 06/07/17 11:12:14 AM
#9106   SAN DIEGO, CA--(Marketwired - May 22, 2017) - georgie18 05/22/17 10:16:07 AM
#9105   SNET...048...Volume alert... georgie18 05/22/17 09:41:13 AM
#9104   Yep, my group will be here in the Tha Part Time Er 05/21/17 08:28:04 PM
#9103   Email alerts going out on $SNET http://egmprofiles.com/SNET521l angelo2112 05/21/17 05:56:21 PM
#9102   Thanks for that information.. Nysilverfox 04/28/17 02:31:55 PM
#9101   FINRA has reported some technical issues the question roger wilco 04/28/17 02:27:51 PM
#9100   Interesting.. curious what's happening Nysilverfox 04/28/17 02:21:02 PM
#9099   SNET trading halt roger wilco 04/28/17 11:42:01 AM
#9098   Serious volume increase here the last couple of days jvdeve 04/26/17 11:42:32 AM
#9097   Will take a position here in the end jvdeve 04/13/17 07:01:59 PM
#9096   Would be nice Nysilverfox 04/07/17 11:56:16 AM
#9095   SNET...Lithium company may catch fire on the back georgie18 04/07/17 09:31:38 AM
#9094   The only mining SNET will ever accomplish is roger wilco 04/06/17 03:39:59 PM
#9093   I like how this stock is slow and Nysilverfox 04/06/17 03:23:46 PM
#9092   SNET...05...alerted at 01... georgie18 04/06/17 01:22:14 PM
#9091   SNET...04...Watch for 200ma breakout...42 Mill o/s...from 01 alert...think georgie18 04/02/17 09:39:45 AM
#9090   Pretty much an even money bet on whether roger wilco 03/30/17 10:53:54 PM
#9089   http://www.platts.com/latest-news/metals/london/battery-demand-to-drive-lithium- Nysilverfox 03/30/17 06:56:52 PM
#9088   SNET ... .058....volume sends this into the teens... georgie18 03/30/17 10:07:14 AM
#9087   https://www.otcmarkets.com/stock/SNET/news georgie18 03/30/17 09:13:43 AM
#9086   https://www.thestreet.com/story/14060363/1/here-are-the-biggest-winners-from-for Nysilverfox 03/29/17 10:46:41 PM
#9085   SNET... 04... georgie18 03/28/17 10:03:07 AM
#9084   $SNET SourcingLink.net, Inc.: Upcoming Exploration Source: InvestorsHub NewsWir $Pistol Pete$ 03/27/17 11:45:59 AM
#9083   It's hovering around .025.. at least for the Nysilverfox 03/23/17 02:17:58 PM
#9082   There's not a snowball chance in the tundra roger wilco 03/23/17 11:34:07 AM
#9081   Ha, felt the same way Nysilverfox 03/23/17 10:50:41 AM
#9080   lollllllllllllllllll badbadbad 03/23/17 10:50:14 AM
#9079   That was interesting.. up to .04 back down .0073 Nysilverfox 03/23/17 10:34:44 AM
#9078   ? Nysilverfox 03/21/17 07:55:32 PM
#9077   Sourcinglink.net, In (SNET) badbadbad 03/21/17 07:54:49 PM
#9076   Some good progress in the last couple days Nysilverfox 03/21/17 12:09:48 PM
#9075   $SNET SourcingLink.net, Inc.: Positive update to shareholders Source: Investors $Pistol Pete$ 03/16/17 12:41:46 PM
#9074   1 share left @ $15.50 and the same rrojarom 03/16/17 11:00:30 AM
#9073   SNET Attends World's Largest Mining Conference badbadbad 03/14/17 06:24:15 PM
#9072   0028 on the bid badbadbad 03/09/17 06:26:49 PM
#9071   SNET... 01...adding down here...strong accumulation here... georgie18 01/09/17 11:52:06 AM
#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
PostSubject