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5 tpd within 3 weeks, but I don't know if they will do much update nr for a while.
My apologies for the delay in my reply but I have no access to private messages except for Fridays 4-5 and also limited to 15 posts per day after cancelling my ihub sub...
Yes I am aware...thank you...
Nice! Does Jabil Have a Secret Weapon?
Is Jabil turning to this resource in order to “mine” for better margins?
Dec 5, 2019 at 10:00AM
The electronics manufacturing industry is a very competitive industry with narrow margins. For Jabil (NYSE:JBL), it is no different. Currently, Jabil's operating margin is under 3% while others in its industry range from about 1% to 5%. However, in September's fourth quarter earnings call, management repeatedly expressed a desire to expand its margins. While it hasn't given specific details as to how it will do this, Jabil may be counting on a secret weapon: e-waste.
That's right, electronic waste.
What is Jabil doing?
Instead of letting used electronic devices pile up in landfills, Jabil recycles them and retrieves the metal. According to an article on Mining.com, Jabil worked with EnviroLeach Technologies to setup a 650,000 square foot facility where "Jabil will extract gold and other precious metals from the e-waste to manufacture electronic components for Dell, Hewlett-Packard and other clients". The existence of this facility in Memphis, Tennessee is confirmed in multiple EnviroLeach documents. According to EnviroLeach's Management Discussion & Analysis from 2017, "the plant is designed to process 10 tonnes per day of Printed Circuit Board Assemblies".
What has the company said?
Overall, not much. If you look at the company's 10-k reports, then you won't find anything about the facility. Looking on the website, you won't find anything about it, either. However, the website does provide a couple of blog posts about the importance and value of e-waste recycling along with a page that gives an overview of Jabil Environmental Technologies. According to the page, "Jabil Environmental Technologies (JET) provides some of the world's largest brands with environmentally sound and socially safe disposition and disposal of e-waste."
So what does all of this mean?
At the moment, it is hard to say, but it could mean a lot. If e-waste "mining" ends up being as valuable as some believe, then getting in early, could give Jabil a valuable head start against its competitors while at the same time reaping some impressive rewards.
According to an article by The Verge, "there's 80 times as much gold in one ton of cellphones as there is in a gold mine, says Federico Magalini". The article continues by saying that gold mines contain about five to six grams of gold per ton of material, but there is about 350 grams of gold in one ton of mobile phones. And this is not considering the other metals like copper, silver, etc. that could be retrieved from that same ton of e-waste.
So what does this mean for Jabil? Again, it is hard to say given the scarcity of details. However, if the facility is able to process 10 tons per day and each ton contains approximately 350 grams of gold, then the company should be able to produce about 110 ounces of gold each day. Using a gold price of $1450 per ounce, Jabil has the potential to retrieve $160,000 worth of gold a day or almost $60 million per year. Note that this does not consider factors like the value of the other metals, the cost of the process, or the variability of precious metal content between different types of e-waste which could be significant. One of Jabil's posts mentions that older devices used more gold than current ones, so the returns could be even more for those that can retrieve them.
Given the company's slim margins, $60 million per year could be significant. And what happens if the price of gold and other metals goes up or if Jabil is able to increase its recycling production? In either scenario, the company could see even bigger returns.
As new electronic devices replace old devices, Jabil is taking action. By recycling the devices that otherwise would have gone to a landfill, the company gets its hands on a rich source of gold and other important metals. It is still early, but this secret weapon could be just what Jabil needs to achieve its margin goals and get an edge over the competition.
https://www.fool.com/investing/2019/12/05/does-jabil-have-a-secret-weapon.aspx
VANCOUVER, BC / ACCESSWIRE / November 27, 2019 / EnviroLeach Technologies Inc. ("EnviroLeach"), (CSE:ETI)(OTCQB:EVLLF)(FSE:7N2), a global leader in innovative and eco-friendly precious metal extraction from mineral ores and E-Waste, announces the preliminary results of a bulk test conducted by Golden Predator Mining Corp. using EnviroLeach's patent-pending solution on sulfide-based gravity concentrates from Golden Predator's 3 Aces Project.
On November 12, 2019 Golden Predator announced the results from a successful pilot test on their gold sulfide concentrate at the EnviroLeach E-Waste plant. Two concentrate samples weighing 55.9 kg and 30.4 kg were processed at the plant using EnviroLeach's water-based process. Following dissolution, conventional electrowinning was used to extract the gold from solution which resulted in gold recoveries of 96.5% after 6 hours and 96.7% after 29 hours. During this test two gold buttons with a combined weight of 169 grams (5.5 troy ounces) were produced. A second test program was run at Golden Predator's plant, located in Watson Lake, Yukon. Once again, the EnviroLeach process proved successful at processing Golden Predator's concentrate. A 121 kg sample was processed with measured recoveries of 96.2% gold, resulting in 255 grams (8.2 troy ounces) of gold extracted from solution by electrowinning.
Due to these initial positive results, the companies have agreed to increase the scale of testing with an additional five-tonne bulk sample, to be processed using EnviroLeach's solution at Golden Predator's plant during the 2020 operating season.
Duane Nelson, President and Chief Executive Officer of EnviroLeach commented: "I am very pleased to announce this working relationship with Golden Predator. The gold recovery from Golden Predator's arsenopyrite concentrate confirms the ability of our new eco-friendly formula to extract gold into solution from sulfide ores and recover it using conventional technologies. The EnviroLeach process now provides a cost-effective solution for the extraction of gold from historically problematic materials such as arsenopyrite."
https://marketwirenews.com/news-releases/golden-predator-successfully-tests-enviroleach-proce-4671184382654033.html
NEWS! Golden Predator Successfully Tests EnviroLeach Process on Sulfide Based Gravity Concentrates
https://enviroleach.com/golden-predator-successfully-tests-enviroleach-process-on-sulfide-based-gravity-concentrates/
News: $EVLLF Golden Predator Successfully Tests EnviroLeach Process on Sulfide Based Gravity Concentrates
VANCOUVER, BC / ACCESSWIRE / November 27, 2019 / EnviroLeach Technologies Inc. ("EnviroLeach"), (CSE:ETI)(OTCQB:EVLLF)(FSE:7N2), a global leader in innovative and eco-friendly precious metal extraction from mineral ores and E-Waste, announces the preliminary results of a bulk test conducted ...
In case you are interested EVLLF - Golden Predator Successfully Tests EnviroLeach Process on Sulfide Based Gravity Concentrates
Lack of imagination is all it takes to create a conspiracy theory. There are 200 million people who can do a trade at any moment and no one reads their minds.
E-waste management Market to be Worth $45.78 Billion by 2025 - Exclusive Report by Meticulous Research
November 21, 2019
London, Nov. 21, 2019 (GLOBE NEWSWIRE) -- According to a new market research report titled,“ E-waste Management Market by Equipment [Small, Large, Temperature, Screen, IT], Method [Recycling, Dispose/Trash], Waste Source [Household, Industrial, Telecom, Medical, Consumer], Material [Metal (Ferrous, Non Ferrous), Plastic] - Forecast to 2025”, published by Meticulous Research®, the e-waste management market is expected to grow at a CAGR of 1.8% during 2019-2025 to reach $45.78 billion by 2025.
There has been an increasing the burden of e-waste across the world. Globally, 44.70 million metric tonnes (6.1 kilogram per inhabitant) of e-waste was generated in 2016 which is expected to grow 52.20 million metric tonnes by 2021. The major factors contributing to this growth are rising adoption of smart technologies, growing disposable income in emerging economies, inclination towards smart and luxurious life, and higher replacement rate of older e-devices with new advanced ones. Moreover, out of this total e-waste, only 20% of E-waste was documented and recycled properly. The fate of other 80% of E-waste was unknown. This indicates lack of proper disposable or recycling facilities in many countries. Moreover, developed countries export e-waste to developing countries for recycling as the cost is comparatively less than developed ones, which leads to increasing burden of e-waste in emerging countries.
Request Sample Report: https://www.meticulousresearch.com/request-sample-report/cp_id=5003
The E-waste management market study presents historical market data in terms of value (2017, and 2018), estimated current data (2019), and forecasts for 2025– by equipment type, method, waste source, and material. The study also evaluates industry competitors and analyzes the market at a regional and country level.
Based on equipment type, the overall e-waste management market is classified into small equipment, large equipment, temperature exchange equipment, screens, small IT equipment, and lamps. The small equipment segment is estimated to dominate the overall e-waste management market in 2019. This segment is expected to continue its dominance over the forecast period, owing to high amount of e-waste generated from small equipment as compared to other equipment. The growing inclination of consumers towards leading luxurious and smart lifestyle is driving greater adoption of advanced devices with better features, design, and functionalities. This in turn is leading to short lifespan of small equipment, in turn driving the growth in this segment.
Based on method, the overall e-waste management market is mainly segmented into recycling & reuse and dispose/trash. The recycling & reuse segment is estimated to hold the largest share of the overall e-waste management market in 2019. This segment is expected to grow at the fastest CAGR during the forecast period. The factors driving the growth of this segment are increasing awareness about health and environmental hazards associated with improper disposal of e-waste, and growing initiatives taken by organizations and government agencies towards proper management of e-waste. Moreover, technological advancements for recovery of precious metals from electronic scrap are making recycling an attractive and feasible option. Reuse, on the other hand, is increasingly being preferred as an economical and sustainable method to reduce e-waste generation, globally.
In 2019, Europe dominated the global e-waste management market; however, during the forecast period, Asia-Pacific countries are expected to hold the largest growth potential for this market. China has a key role in the global electronics & electrical equipment (EEE) industry for several reasons as it is one of the most populous countries in the world, with high demand of electronics and electric equipment. It also has a strong EEE manufacturing industry and plays a big role in the refurbishment, reuse, and recycling of e-waste. Similarly, growing electronics industry and various government initiatives aimed towards building a digital economy is driving adoption of electric gadgets in India. This is also driving the amount of e-waste generated in the country, resulting into great opportunity for the e-waste management service providers.
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The report also includes extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016–2019). The e-waste management market has witnessed number of mergers, expansions, agreements, and relocation of their service facility centers. For instance, in October 2018, Electronic Recyclers International, Inc. (ERI) partnered with EnviroServe. As a part of this agreement, ERI is to provide services to EnviroServe’s customers in North America and EnviroServe will provide services to ERI’s customer in the Middle East, Africa and Caucasus (MEAC) region.
The key players operating in the global e-waste management market are Electronic Recyclers International, Inc. (ERI) (U.S.), Aurubis AG (Germany), Sims Metal Management Limited (U.S.), Umicore (Belgium), Boliden AB (Sweden), Global Electric Electronic Processing Inc. (Canada), TRIPLE M METAL LP (Canada), Tetronics (International) Limited (U.K.), Enviro-Hub Holdings Ltd. (Singapore), and Stena Metall AB (Sweden) among others.
https://www.globenewswire.com/news-release/2019/11/21/1950754/0/en/E-waste-management-Market-to-be-Worth-45-78-Billion-by-2025-Exclusive-Report-by-Meticulous-Research.html
Golden Predator, EnviroLeach hit on the right gold extraction and recovery formula
13th November 2019
Golden Predator Mining says tests have successfully confirmed that EnviroLeach Technologies’ environmentally friendly technology can effectively extract and recover more than 95% of the gold from sulphide concentrates produced at the 3 Aces gold project, in the Yukon of Canada.
The concentrate is produced using Golden Predator’s Secondary Recovery Unit (SRU™).
With this environmentally friendly technology confirmed in successive tests both in the EnviroLeach facility and at the Golden Predator bulk sample processing plant (pictured), the companies have initiated a larger material test run to process up to 5 t of gold-bearing sulphide concentrates to be completed onsite at Golden Predator’s plant in the Yukon, they said.
This testing follows an earlier agreement between the two companies to use EnviroLeach’s proprietary cyanide-free hydrometallurgical technology to extract gold from gravity concentrate produced at 3 Aces.
As part of this testing, a sample of gold-bearing sulphide concentrate recovered in 2018 was shipped from Golden Predator’s plant to the EnviroLeach facility in Surrey, British Columbia, in August of 2019.
Some 55.9 kg of the material was processed using EnviroLeach solution and 96.5% of contained gold was leached in six hours; and gold in solution was extracted by electrowinning and poured into a 91.3 g bar.
A sample of gold-bearing sulphide concentrate recovered in 2019 was also sent to and processed by EnviroLeach at the facility, with 30.4 kg of the material processed using EnviroLeach solution with 96.7% gold recovery in 29 hours; and gold in solution extracted by electrowinning in four hours and poured into a 77.8 g bar.
Following completion of test work in the EnviroLeach facility in Surrey, on-site testing was initiated to leach material at the plant during the week of September 23, 2019. This saw 121 kg of gold-bearing sulphide concentrates produced during 2019 processed in 21 hours with a 96.2% gold recovery; and electrowinning completed in 14 hours, with 255 g of gold recovered from the electrowinning cell and poured into a bar.
Janet Lee-Sheriff, Chief Executive Officer of Golden Predator, said: “Working with EnviroLeach provides us a unique opportunity to lead the way for safe and responsible new cyanide-free extraction methods in processing gold bearing concentrates which has immediate value on our 3 Aces project as well opening up other commercial opportunities.”
The Golden Predator-EnviroLeach working relationship has enabled the companies to successfully demonstrate the first “in the field” recovery of gold from gold-bearing sulphide concentrates, using EnviroLeach’s environmentally friendly formula and Golden Predator’s SRU processing equipment, according to the companies.
https://im-mining.com/2019/11/13/golden-predator-enviroleach-hit-right-gold-extraction-recovery-formula/
Thanks for the info, I didn't catch that with VALX w/ regard to this recent buying/selling flurry. Will be keyed in on VALX more now. t/y
Interesting VALX dropped that ask and EVLLF took off but as soon as VALX brought that $10,000 ask back we started to dip...obvious push down set up to shake shares...VALX been doing that for the past 3 weeks..
Just took off to 1.27 and now dip to 1.02 and both on relatively high volume, not sure yet what to make of that - watching closely.
Something happened. A little P&D possibly. Not a good site.
EVLLF...$1.09...Psar flipped to a Bullish Buy Position on some really tight bollinger bands...
Our team's priorities are to secure immediate full capacity feedstock contracts for our initial plant and determine the location and capacity of our next facility."
The results of our extensive commercial market analysis demonstrate a vast emerging global market now estimated to exceed 110 million tonnes annually by 2026.
Additional shifts will be added to achieve the targeted plant capacity of 20 tonnes per day (6,000 tonnes per year) by end of June 2020.
Preliminary commercial production has commenced at the EnviroCircuit E-Waste processing facility located in Surrey, BC, Canada. Starting with a single shift per day, the Company will incrementally increase process throughput to 5 tonnes per day of printed circuit boards by January 1, 2020.
NEWS! EnviroLeach Completes E-Waste Plant Commissioning - Preliminary Production Commences
November 21, 2019
VANCOUVER, BC / ACCESSWIRE / November 21, 2019 / EnviroLeach Technologies Inc. (the "Company "or "EnviroLeach"), (ETI.CN) (EVLLF) (7N2:FSE), a global leader in innovative and eco-friendly precious metal extraction from E-Waste and mineral ores, together with it's minority JV partner Mineworx Technologies (MWX), announces the completion of commissioning of the EnviroCircuit E-Waste recycling plant.
Preliminary commercial production has commenced at the EnviroCircuit E-Waste processing facility located in Surrey, BC, Canada. Starting with a single shift per day, the Company will incrementally increase process throughput to 5 tonnes per day of printed circuit boards by January 1, 2020. Additional shifts will be added to achieve the targeted plant capacity of 20 tonnes per day (6,000 tonnes per year) by end of June 2020.
During commissioning, EnviroLeach has also successfully implemented improved mechanical processes and systems, which enable the treatment of complete IT components, such as set top boxes, modems, power supplies, switches and routers. The Company has also completed the installation of a new patent pending process for the enhanced recovery of chemical ingredients and rinse water treatment. This newly developed process not only optimizes economics, it also ensures a sustained zero water effluent operation.
EnviroLeach management continues to focus on establishing additional key partnerships for both high value E-waste feedstock and joint ventures worldwide. Over the last eight weeks, management has generated measurable interest from several domestic and international OEM's and E-waste recyclers.
Duane Nelson, President and CEO comments: "We are excited to enter the revenue stage of our operations and the positive response from global electronics manufacturers, OEM's and recyclers is very encouraging. We are in a unique situation within a rapidly expanding and under-developed sector. The results of our extensive commercial market analysis demonstrate a vast emerging global market now estimated to exceed 110 million tonnes annually by 2026. OEM's and E-waste recyclers worldwide are increasingly seeking economic and sustainable E-waste processing solutions. EnviroLeach's proprietary, patent pending technology suite offers the only true cost-effective, environmentally friendly and sustainable solution. Our team's priorities are to secure immediate full capacity feedstock contracts for our initial plant and determine the location and capacity of our next facility."
https://finance.yahoo.com/news/enviroleach-completes-e-waste-plant-100000922.html
EVLLF...$1.06...https://www.otcmarkets.com/stock/EVLLF/news/EnviroLeach-Completes-E-Waste-Plant-Commissioning---Preliminary-Production-Commences?id=246959
Duane Nelson, President and CEO comments: "We are excited to enter the revenue stage of our operations and the positive response from global electronics manufacturers, OEM's and recyclers is very encouraging. We are in a unique situation within a rapidly expanding and under-developed sector. The results of our extensive commercial market analysis demonstrate a vast emerging global market now estimated to exceed 110 million tonnes annually by 2026.
I entered EVLLF since its inception at the .60 range and added to $1.25 and continue to add...I have a $30 plus target over the course of time...imo...we shall see...
EVLLF...$1.06...Bollies getting real tight on this one...looking for $1.85 breakout...in time...
I cancelled my sub with ihub so I cannot post more then 15 times per day...so I may not be able to respond to all your posts...
Greener gold leaching tested at 3 Aces
Last updated 11/14/2019
Golden Predator Mining Corp. Nov. 12 announced that tests have confirmed that EnviroLeach Technologies Inc.'s formula effectively extracts and recovers more than 95 percent of the gold from sulfide concentrates produced at the company's 3 Aces project in eastern Yukon.
EnviroLeach Technologies has developed a proprietary non-cyanide, water-based, neutral pH treatment solution for recovering precious metals from ores, concentrates and recycled electronics.
The solution can effectively dissolve gold into aqueous solution with similar leach kinetics and economics to that of cyanide but is sustainable, safe and environmentally friendly. This water-based process has a broad applicability spectrum and is effective on most gold ores and concentrates.
The EnviroLeach process delivers numerous benefits over current leaching techniques and has the potential to unlock the value of many deposits located in environmentally sensitive areas that cannot be developed using current extraction methods.
At 3 Aces, Golden Predator is testing this process to recover the gold from the No. 2 concentrate produced from bulk sampling of the high-grade gold mineralization at the project.
The gravity processing plant captures roughly 85 percent recovery of the contained gold without the use of chemicals. This gold reports to two concentrates. The No. 1 concentrate is poured into doré bars and shipped to a refinery for further processing. The No. 2 concentrate, which contains heavy mineral sands with some gold, has been set aside for further processing.
A sample of this gold-bearing sulfide concentrate recovered during bulk sampling in 2018 was shipped to the EnviroLeach facility in Surrey, British Columbia in August.
Using the EnviroLeach solution, 96.5 percent of the gold was recovered from a 55.9-kilogram sample of the material in just six hours.
Electrowinning was used to pull the gold out of solution and a 91.3-gram (2.9 ounces) bar was poured. Electrowinning is the process of recovering metals from a solution by passing a current though that solution.
A sample of gold-bearing sulfide concentrate recovered in 2019 was also sent to and processed by EnviroLeach at the Surrey facility.
A 30.4-kilogram sample of the material was processed using EnviroLeach solution with 96.7 percent of the gold recovery in 29 hours; and a 77.8-gram (2.5 oz) bar was recovered from the electrowinning cell and poured into a bar.
Following completion of test work in the EnviroLeach facility in Surrey, testing was initiated on the 3 Aces property in September.
During this on-site test, a 121-kilogram sample of the sulfide concentrates produced during 2019 was processed in 21 hours with a 96.2 percent gold recovery; and a 255-gram (8.2 oz) of gold was recovered from the electrowinning cell and poured into a bar.
Using Golden Predator's Secondary Recovery Unit (SRU), a trademarked name for the processing equipment that is being tested using the EnviroLeach process, an initial five metric ton bulk test will be conducted in phases at the site of the company's gravity recovery plant on the 3 Aces property in the Yukon.
"The plant and SRU are examples of the continuing ways that Golden Predator works to be innovative, testing new methods that have the ability to change how we operate at projects like 3 Aces," said Golden Predator Mining CEO Janet Lee-Sheriff. "Working with EnviroLeach provides us a unique opportunity to lead the way for safe and responsible new cyanide-free extraction methods in processing gold bearing concentrates which has immediate value on our 3 Aces project, as well opening up other commercial opportunities."
https://www.miningnewsnorth.com/story/2019/11/15/northern-neighbors/greener-gold-leaching-tested-at-3-aces/6067.html
EnviroLeach effective at 3 Aces project
British Columbia-based Golden Predator has called its testing of EnviroLeach’s cyanide-free technology a success
12 November 2019
This announcement comes three weeks after Golden Predator inked a deal to use EnviroLeach's cyanide-free technology for gold recoveries at its 3 Aces project in Canada's Yukon region.
The miner confirmed November 12 that the EnviroLeach formula effectively extracted and recovered more than 95% of the gold from the site's sulphide concentrates, which were themselves produced using Golden Predator's Secondary Recovery Unit (SRU).
According to the company, 3 Aces was the first on-site bulk test for EnviroLeach. With a success now in hand, the companies have already commenced a larger material test run to process up to 5t of gold-bearing sulphide concentrates - which will be completed at Golden Predator's plant.
"The plant and SRU are examples of the continuing ways that Golden Predator works to be innovative, testing new methods that have the ability to change how we operate at projects like 3 Aces," CEO Janet Lee-Sheriff said.
"Working with EnviroLeach provides us a unique opportunity to lead the way for safe and responsible new cyanide-free extraction methods in processing gold bearing concentrates which has immediate value on our ... project as well opening up other commercial opportunities."
Golden Predator said the Yukon plant had now demonstrated an ability to recover both coarse-grained gold from a closed system gravity circuit and to extract gold from a sulphide concentrate in an environmentally conscious manner.
"This green gold provides for the mintage of .9999 gold coins from the Yukon Mint, a wholly owned subsidiary of Golden Predator," the company added.
https://www.miningmagazine.com/chemicals-reagents/news/1375639/enviroleach-effective-at-3-aces-project
Plant started up today in continuous production. It might take weeks before they do a nr update though they had done many tests to make sure it works as well as they hope.
Just comparing the ratio of the market cap of etI to mwx against the 80/20 partnership split makes eti my choice to invest.
EnviroLeach and Golden Predator Announce Cyanide-Free Bulk Testing Agreement
Published: Oct 16, 2019
VANCOUVER, British Columbia, Oct 16, 2019 (GLOBE NEWSWIRE via COMTEX) -- VANCOUVER, British Columbia, Oct. 16, 2019 (GLOBE NEWSWIRE) -- EnviroLeach Technologies Inc. (the "Company "or "EnviroLeach"), (ETI) (otcqb:EVLLF) (7n2:FSE) and Golden Predator Mining Corp. (tsx.v:GPY)(otcqx:NTGSF) ("Golden Predator") are pleased to announce the Companies have entered into an agreement to use EnviroLeach's proprietary cyanide-free hydrometallurgical technology to extract gold from gravity concentrate produced at Golden Predator's 3 Aces Project.
This working relationship provides both Companies with the first on-site bulk test of EnviroLeach's new cyanide-free technology. Initial laboratory, pilot scale and production scale testing was successfully conducted at EnviroLeach's facility in Surrey, British Columbia prior to on-site testing at Golden Predator's processing plant (the "Plant") in Canada's Yukon. All tests were conducted under the supervision of EnviroLeach and Golden Predator personnel with results to be released shortly. The initial 5 tonne bulk test will be conducted in phases and completed at the Plant.
Golden Predator operates the Plant for the purposes of bulk sample testing of gold concentrate from its 3 Aces Project. As part of its processing plant, Golden Predator developed a mobile batch recovery unit ("Secondary Recovery Unit" or "SRU(TM)") for the recovery of gold from its sulfide concentrate. Golden Predator is utilizing the EnviroLeach proprietary cyanide-free technology in the SRU(TM).
Duane Nelson, President and Chief Executive Officer of EnviroLeach commented: "I am very pleased to announce this working relationship with Golden Predator. The gold recovery from Golden Predator's arsenopyrite concentrate confirms the ability of our new eco-friendly formula to extract gold into solution from sulfide ores and recover it using conventional technologies. EnviroLeach is the only commercial-scale, economically viable and safe hydrometallurgical gold extraction process in the world. Our unique and eco-friendly process will change the way the world produces and recycles gold."
Janet Lee-Sheriff, Chief Executive Officer of Golden Predator added: "The Plant and SRU are examples of the continuing ways that Golden Predator works to be innovative, testing new methods that have the ability to change how we operate at projects like 3 Aces. Working with EnviroLeach provides us a unique opportunity to lead the way for safe and responsible new cyanide-free extraction methods in processing gold bearing concentrates. We are very excited to be working with the EnviroLeach team and their new technology."
About the EnviroLeach Process
The EnviroLeach process delivers numerous economic and environmental benefits over current extractive technologies. The solution can effectively dissolve gold into aqueous solution with similar leach kinetics and economics to that of cyanide but is sustainable, safe and environmentally friendly. This water-based process has a broad applicability spectrum and is effective on most gold ores and concentrates. It can potentially unlock the value of many deposits located in environmentally sensitive areas that cannot be developed using current extraction methods.
About the Golden Predator Process
Golden Predator's test processing plant, the first of its kind in Yukon, Canada, commenced operations in 2016 providing increased metallurgical and geological understanding of its 3 Aces Project. The plant is a relatively simple gravity circuit utilizing a closed-circuit water system with no added chemicals due to the free-milling nature of 3 Aces gold. The 50 tonnes per day closed circuit plant recovers gold from #1 concentrates realizing over 85% recovery of contained gold with dore bars sent to a commercial refinery for final processing. Golden Predator is currently testing EnviroLeach's patent pending technology in it's SRU [TM ] for the extraction of gold from their #2 concentrates.
The 3 Aces Project is an orogenic gold project in southeast Yukon which provides the testing material for the processing plant. Golden Predator has to date focused exploration on a broad gold-in-soil anomaly, where numerous orogenic gold-bearing quartz veins have been discovered. Golden Predator made an early decision to bulk sample at its 3 Aces Project when it realized that much of the gold contained in its veins is high grade (not uncommonly over 30 g/t gold) and nuggety. The best way to determine the true gold value of a nuggety gold system is to conduct large scale bulk sampling which also allows Golden Predator the opportunity and ability to conduct on-site bulk metallurgical and processing tests.
About Golden Predator Mining Corp.
Golden Predator is advancing the fully licensed Brewery Creek project towards production while exploration drilling continues to expand resources. The Company also undertakes bulk sampling and test recovery processes at its Yukon-based test processing plant demonstrating gold recoveries of over 85%, without the use of cyanide, from its 3 Aces Project. This green gold provides for the mintage of .9999 gold coins from the Yukon Mint, a wholly owned subsidiary of Golden Predator.
https://www.marketwatch.com/press-release/enviroleach-and-golden-predator-announce-cyanide-free-bulk-testing-agreement-2019-10-16-8184130?mod=mw_quote_news
Ir told me the tech works. No one has proven if that is so. No one can know for sure what to do, but I am going with ir although this wouldn't be the first time I got sucked into something. MWX was tweeting on JBL site a few weeks ago, so I assume that means they are still in the partnership, and believe it is proven.
I tend to agree with you. The system is rigged for the big guys and high speed traders. All we have for us is time.
That being said, when EVLLF was running up the other day, did you think that this is the big one? Did you think it was going to hold? Or did you think it would peak and pull back?
I am curious what you think and why?
Great, it has an accuracy of 1 in 350. If you bought every time the gibberish said buy, you would be broke 12 months ago. The only reason it was right this time was coincidence.
I have never seen a gibberish chart predict anything on any board, and the whole idea that something that anyone can access can make money for an individual investor is not ......
They weren’t wrong for me this time. They were way overbought by every measure that I know of, formed a near perfect evening star chart pattern, and have done almost a textbook Fibonacci retrace to the 50% level. I bought back in Friday for the same number of shares, but pocketed 30%. I might have bought back in too early.
Your right though, this company is not normal. I love what they are trying to pull off and have a base of shares I will hold till the story plays out.
Technicals? They have been wrong for almost 2 years so it is no surprise that they are not predictive now. The concept that someone can look at a list of trades and predict the future isn't going to work with a company that does not have a predictive future, because where ETI goes is 100% based on achieving a scientific breakthrough that only the scientists know will work at this point.
I hope you did some profit taking. The technicals just got ahead of themselves.
That said, I love what this company is trying to pull off. I think the story for them is just beginning.
Mineworx Technologies with #enviroleach aim to take on E-Waste and extract its value in an eco-friendly way with our joint venture #envirocircuit
Mineworx Technologies with #enviroleach aim to take on E-Waste and extract its value in an eco-friendly way with our joint venture #envirocircuit pic.twitter.com/GzMei5vv7O
— Regenx Tech Corp (@regenxtech) October 10, 2019
Thank you for sharing.
It is a government show so there are no investors to impress but it is possible that some country will change their regulations if they keep an eye on ETI to see if they succeed. Here are some of the companies who provided solutions.
https://sdg.iisd.org/news/event-highlights-green-technologies-for-sdgs-and-climate-action/
I agree 'teq0904'. All venues are potential great P.R. opportunities.
Deals with miners don't happen overnight, but on the other hand it is possible for investors to fall in love at one of these shows.
I have rarely seen an instant sp jump after a show, and had one company who did 20 in a year but their sp never bounced. I got into ETI in 2017 when it was $.65 Cdn just before they did a show in my hometown, and the sp popped then. However it is $120M market cap now which is very high for something not proven, so I don't expect anything but production results to pop it.
EVLLF...$1.28...Chart...Channel Breakout as the PPS catches up to the trajectory of the A/D line...looking for new 52 week highs...imo..we shall see...
Chart...http://schrts.co/jSjPDiSQ
It could be interesting to see what kind of feedback results from the those attending.
There won't be anything said there that is any different from the hundred other presentations they have made. Either the plant works or it doesn't is the only issue but you won't find the answer in a presentation.
Does anyone know if we will be able to view a replay of the UN presentation? and , if so, where and when?
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