Friday, October 09, 2015 11:05:04 AM
According to SNET quarterly filings the company states, "On August 9, 2013 the Company, in furtherance of its business plan, entered into an agreement to acquire certain mineral rights, on a property in Quebec, Canada, known as the Eldor Property
http://www.otcmarkets.com/financialReportViewer?symbol=SNET&id=143908
The majority owner of the Eldor Property is Commerce resources, TSX:CCE OTCQX:CMRZF
"Commerce Resources Corp. is an exploration and development company with a particular focus on deposits of rare earth elements and rare metals. The Company is specifically focused on the development of its Ashram Rare Earth Deposit at the Eldor Property in Quebec, and its Upper Fir Tantalum and Niobium Deposit at the Blue River Project in British Columbia."
http://www.commerceresources.com/
Also from the SNET Q we see the email contact for Anne Carioti is anne@aine-eros.com
Searching that address we're taken to the site of AZNA Group at http://aznacollectibles.com/
AZNA Group is a boutique jeweler in San Diego specializing in Rare Earth Metals with the same business address as SNET.
"Why not invest with rare earth minerals few have heard of? Why not bring more awareness to this planets diverse cultures?"
http://aznacollectibles.com/history/
IMO, there's a strong possibility we'll see SNET become AZNA soon and the connection to Commerce Resources and more info on the Eldor Property will be revealed.
About the Eldor Property,
"According to the results of a 2012 Preliminary Economic Assessment (PEA) and resource, the Ashram Rare Earth Deposit is the highest grade rare earth deposit in Quebec, and second in total rare earth oxide contained. A commercial production of 16,850 annual tonnes of mixed rare earth carbonate concentrate is projected over a 25 year initial mine-life. Shipment will require the construction of a new haul road between the mine and the coast of Ungava Bay."
http://minesqc.com/en/knowledge-base/fiche/eldor-property-ashram-deposit/
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