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Wednesday, November 26, 2014 10:29:09 AM
PER THE Q3 REPORT:
"GCE is in the midst of finalizing agreements for the development of a Plasma Arch PGM,Platinum-Groups-Metals recovery site in the Southern US.This will include the acquisition of a nonferrous scrap metal and catalytic recycling company in the US."
"Through its acquisition, GCE will operate a vertically integrated PGM recovery facility and be able to compete favorably in this market. The company has placed deposits for the purchase of the smelting equipment and the purchase of the acquisition company. The transaction is expected to close before year end."
FORECASTED PRICE PER OZ
PLATINUM: $1,429.00 USD
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