Green Battery Minerals Inc (GBMIF)

[Mr. Zen]

The only thing I could find was a private placement at .05$ for $280,000 on Jan 9

For jurisdictions within Canada, state the province or territory, otherwise state the country.
Province or
country Exemption relied on Number of unique
purchasers 2a Total amount (Canadian $)
BC NI 45-106 2.3 [Accredited Investor] 5 $140,000
BC NI 45-106 2.5 [Friends, Family and business associates] 4 $85,000
ON NI 45-106 2.3 [Accredited Investor] 3 $55,000
Total dollar amount of securities distributed $280,000
Total number of unique purchasers2b 12
2a In calculating the number of unique purchasers per row, count each purchaser only once. Joint purchasers may be counted as one purchaser.
2b In calculating the total number of unique purchasers to which the issuer distributed securities, count each purchaser only once,

[cuckoo 4 cocoa puffs]

GBMIF up 39% today. Good news incoming?

[Mr. Zen]

I am still waiting for the drill results that are overdue, that will give us an idea of the overall size of this deposit.

[IAmTopG]

SYAAF currently worth almost $1B. GBMIF is $2M. Its 500x from here if things pan out

[IAmTopG]

Do you have any idea when we will be delivering products? Warrants od $0.08 when the price (I assumed Canadian $) was about $0.05 looks promising to me

This and Mason so far are two I am paying attention to in past 2 days

[Mr. Zen]

GREEN BATTERY MINERALS INC. ("GEM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: January 5, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on November 22, 2022.

Number of Shares:
5,600,000 common shares

Purchase Price:
$0.05 per common share

Warrants:
5,600,000 share purchase warrants to purchase 5,600,000 shares
Warrant Exercise Price:
$0.08 for a two-year period, subject to an accelerated expiry
Number of Placees:
12 placees
Insider / Pro Group Participation:

Aggregate Existing Insider Involvement: 2
1,200,000

Aggregate Pro Group Involvement:1
500,000

The Company issued a news release on December 30, 2022 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

[fink]

Way to go. I took an early package from Delta 4 years before the covid scam hit the World. I thank the good Lord everyday.
“Dumpster diving penny stocks” LOL I’m going to use that one.
I’ve been doing that since online trading became a thing. Years before that too. Brokers would piss and moan, call you fool and dumbass when you call in an order to buy any penny stock. You had to have no pride back In the 80’s to trade these. And commission was always In The $100s
My brother was a broker for JP Morgan, Bear Stearns and others way back then. They’d get $200k just to leave for a different Broker. I’d get killer tips to trade under my wife’s maiden name account. It was so easy to make money. $10k days we’re common. Then they let everyone with a pulse buy a home. Killed everything.
You gotta think and do the DD now.

[Mr. Zen]

How long can a $billion worth of proven reserves go unnoticed in this market?

The Zone 6 drill cores were supposed to be delivered to the market by now and they are late. I am of the opinion that this will be the make or break drill results for this company, they know how to do it... this will be their 7th mine they have opened, and the reserves are there to open a mine however every major that will back a mine these days needs (or wants to have) a 10 year mine life or better.

In my opinion we have a 300% rise in value within 6 months, but what do I know.. I have not had a job for over 20 years other than dumpster diving the stock market.

[fink]

I don’t hear much on the graphene battery.
That was a game changer.
I know it’s too expensive, but so was private jet flight.

Thanks for the heads up.

[Mr. Zen]

The new rules also require EVs to have at least 40% of their critical minerals for batteries sourced in the U.S. or countries that have free-trade agreements with the U.S., starting in 2023. That threshold is set to rise to 80% by 2026.

[Mr. Zen]

Rio Tinto estimates that committed lithium supply and capacity expansions will contribute only about 15% to demand growth over the 2020-2050 period. (From: Rio Tinto’s presentation, Dec., 2022.)

In April 2021, the miner kicked off lithium production from waste rock at a demonstration plant located at a borates mine it controls in California. 

Rio took another step into the lithium market in March this year, completing the acquisition of the Rincon lithium project in Argentina for US$825 million, which has reserves of almost two million tonnes of contained lithium carbonate equivalent, sufficient for a 40-year mine life.

The miner has also approached some of the biggest investment banks asking for recommendations on both lithium companies and projects.

The company estimates that committed lithium supply and capacity expansions will contribute only about 15% to demand growth over the 2020-2050 period. The remaining 85% would need to come from new projects.

[Mr. Zen]

more info: Canada will need to speed up regulatory decisions on critical mineral projects if it wants to become a global leader in battery manufacturing, electric vehicles, wind turbines and solar panels, says a new national strategy released today.

"Simply put, there is no green energy transition without critical minerals," Natural Resources Minister Jonathan Wilkinson said as he unveiled the strategy in Vancouver on Friday.

"[The government of Canada] recognizes that to meet our ambitious climate and economic objectives to transition to a net-zero economy, additional mechanisms must be in place to expedite and facilitate strategic critical mineral projects from investment and funding opportunities, through regulatory approvals and development, to production."

Minerals like lithium, graphite, nickel, cobalt and copper are critical ingredients for electric vehicle, computer chip and weapons manufacturing. With demand for low- and no-emissions technology expected to skyrocket as the world moves to a post-carbon economy, Friday's strategy foreshadows shortages of these critical materials — or what it calls "non-like-minded countries" weaponizing access to precious minerals.

Although China isn't mentioned by name in Natural Resources Canada's strategy, some observers have warned that Beijing could cut off access to critical minerals to foster its own high-tech industries. Currently, China controls most of the world's critical mineral processing.

[Mr. Zen]

Canada is looking to streamline permitting processes for mines to boost production of metals vital to the global energy transition

[DZ]

I hate to admit it, but I have a Harley addiction..there I said it. It's out and I feel so much better LOL Also retired

[Mr. Zen]

yes this is a hobby for me too, I am retired but need to keep my mind sharp and make some play money to feed my automotive addiction.

[DZ]

Thanks, I am still learning after these few years I've been here. This is a serious hobby for me, not a professional as many here are.

[Mr. Zen]

I am still around, and will keep up with what I find, just not doing any moderating of message boards here until management realizes their failings.

as far as luck with my investments, I do ok, follow if you will but make sure you learn the techniques for finding good investments like this one

[DZ]

appreciate the conversations and good luck with your investments..DZ

[Mr. Zen]

Canadian battery mineral miners and explorers are sniffing around hundreds of millions of dollars in potential funding from the United States military, but there are no firm deals yet to take advantage of an alliance dating back to World War II.  

The concept of the U.S. funding projects in Canada to help sidestep China’s control over lithium and rare earth element (REE) processing broke into the open this month at a conference in Washington, D.C. However, some companies say they’ve been aware of the initiative for years. 

“

[Mr. Zen]

Due to a long standing disagreement with the management of Investors-Hub I am removing myself as moderator, I still hold a position in this company and do not see exiting that position any time soon.

[DZ]

TY, Z

[Mr. Zen]

here try this, presentation from Aug 2022

https://greenbatteryminerals.com/wp-content/uploads/GEM-Corp-Pres.-Visual-ver-AUG-2022-with-QP.pdf

and you can go here for the filings, although you have to go through a cluster of filings to decipher it

https://www.sedar.com

and the company web site

https://greenbatteryminerals.com/news/

[DZ]

Quick question Mr Z. If this is the 6th hole/drill, were the previous 5 holes not productive. I can't find any info.... TIA

[Mr. Zen]

Cascading battery metal supply crunch to get serious from 2024, analysts forecast

Posted By: Henry Lazenby November 9, 2022

Increasing consumption will outstrip the mining industry’s ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found.

The report, ‘The big picture: Metals and Mining,’ says that global efforts to decarbonize are driving the rollout of metals-intensive technologies, bringing about near-term challenges in the commodities sector.

On the battery metals side, government incentives and policy mandates will boost sales of passenger plug-in electric vehicles by a 28.1% CAGR (compound annual growth rate) from 2021 through 2026. Battery component supply pipelines will struggle to keep up with such a sharp rise in demand.

“Our assessment of developing lithium assets foretells healthy growth in 2023, but a failure to meet demand expectations as early as 2024,” Mark Ferguson, S&P director, wrote in the report released on Wednesday.

According to Ferguson, cobalt faces similar challenges. Although output is forecast to rise into 2024, mainly from the Democratic Republic of Congo, the metal is forecast to slip into a deficit starting in 2025. Similarly, the anticipated growth in Indonesian primary nickel supply into 2025 will postpone a deficit until 2026, when battery-related demand for nickel is forecast to hit 17.6% of all nickel demand — up from 7.1% in 2021.

S&P expects deteriorating global macroeconomic conditions to persist into early 2023, representing a downside risk to the metals and mining sector as many commodity prices slide and equity markets weakens. Producers will be hit by narrowing margins, while exploration activity will slow amid tighter financing conditions.

As the year progresses, analysts expect improving conditions once central banks gain the upper hand on inflation.

According to S&P, lower activity levels in the second half of 2022 and through 2023 will reinforce the metals and mining industry’s importance in the global energy transition.

[Mr. Zen]

Here is the formula..

First the 43-101 report on what they have by an independent geologist

https://greenbatteryminerals.com/wp-content/uploads/ReportFINAL_compressed.pdf

The mineral resource estimate yields an Indicated Resource of 1.76 Mt at 17.00% Cgr and Inferred Resource of 1.53 Mt at 16.4% Cgr. The pit constrained resource sensitivity remains robust even in reducing significantly the assumed commodity price (US$ 1,140 per tonne graphite, or CDN$ 1,530 per tonne)

Second the market cap

Market Cap 2,175,903 11/04/2022

Now for the formula, take the proven number of tonnes divided by the grade leaves you with the number of tonnes of pure product in the ground. Now multiply that by the sale price per tonne and you have the future market cap or net worth of the company with the product in the ground (in situ).
The only thing not in the equation is the cost to extract and the management overhead.

so here it is in raw form

Inferred 1.53 million tonnes divided by 16.4% = 250920 tonnes
therefore 250920 tonnes x $ 1,140 per tonne = $286,048,800 value in the ground before extraction and the market cap (investors value of company) is only $2,175,903.

Bought the wife a new Mercedes off one of these undiscovered mining plays a few years ago. You just have to be patient,,, 2 years +/-

[DZ]

Yes, I feel it's going to be a slow start. Lots of preliminary basics underway. Everything that I have read and watched the vids are interrupted by me is we have a little while to go. But it is amazing that the graphite is all over the top of the ground as they cut the roads for the drills. By the way, you are warp speed ahead of me when it comes to the geology portion of the drill. Amazing....Graphite.

[Mr. Zen]

This will be mine number 6 for these people, they know the procedure, but the timeline is still uncertain. I am thinking half a million shares will buy me another house in 5 years...
go to the web site and watch the videos.

[DZ]

There is massive information in that research. Alot of work has gone into the project already at the engineering and plan level. Now it's even more interesting.

[Mr. Zen]

The mineral resource estimate yields an Indicated Resource of 1.76 Mt at 17.00% Cgr and Inferred Resource of 1.53 Mt at 16.4% Cgr. The pit constrained resource sensitivity remains robust even in reducing significantly the assumed commodity price (US$ 1,140 per tonne graphite, or CDN$ 1,530 per tonne)


https://greenbatteryminerals.com/wp-content/uploads/ReportFINAL_compressed.pdf


where Mt = million tons

[DZ]

considering 100,000 shares and then sit and forget for a while. Depends on how hungry the "hole diggers Inc." might be. A facility build would be excellent. Also looking at Copper mining, possible buy/hold for about a year.

[Mr. Zen]

Well I am a little early talking about this one, I am still trying to gather a position.. but with winter coming on I do not see much action around here.. most do not look at the long term but that is where the real wealth is made.
Follow the market cap rather than the share price, my buy orders are all in below the bid and I would like to get about 250k shares down here over the next month.
Yes these are long term holds, and I am getting stoked on a tidbit (rumor) that there may be a megafactory just outside Montreal within a year or two.
This is large flake lithium which demands a higher sale price, so a one year hold should be a 10 bagga at least, if the company moves forward and is not another mining company that just drags out the drill holes for years.

[DZ]

No you're not. I am listening, watching, and contemplating. Might be a good long play with thoughtful DD. Appreciate your knowledge.

[cuckoo 4 cocoa puffs]

How much longer will VIRT/OTCX continue to short? A$K rising?

[Mr. Zen]

Looks like I took out the entire daily volume with today's buy

what a gift

Bought 125,000 $0.0367 Settles 11/02/2022 9:30 AM 10/31/2022

[Mr. Zen]

Looks like I took out the entire volume with today's buy

what a gift

[Mr. Zen]

Aug 2022 presentation

https://greenbatteryminerals.com/wp-content/uploads/GEM-Corp-Pres.-AUG-2022-With-QP-V2-Tom.pdf

[Mr. Zen]

from Aug 2022 you tube video, this will give an overview of the enormity of this discovery

[Mr. Zen]

Time will be the enemy here, most mining plays take 5 years to go to production, however because this is at surface and an open pit scenario it could be fast tracked within 2 years (my guess only)

[nram]

Only 69m outstanding?
This can easily get to $3-4/share. IMO
Researching more into it.

[Mr. Zen]

Experts warn that supply of a key component in electric vehicles is hurtling towards a tipping point when global demand will outstrip supply — a moment that could come as early as this year.

Graphite is one of the primary components that make up the anodes in a lithium ion battery, yet the state of its supply has gone largely unnoticed for years, even as demand for battery-grade minerals continues to rise with electric vehicle sales reaching record levels.

“Graphite has kind of been the poor cousin of the battery minerals and doesn’t get the attention of the other commodities,” said Gregory Bowes, executive chairman of the Northern Graphite Corporation. “But we’re getting very close to an inflection point where demand overtakes supply and this is going to be first page news.”

https://www.supplychaindive.com/news/graphite-shortage-ev-electric-vehicles-supply-chain/626870/

[Mr. Zen]

Berkwood Graphite Project (previously named Lac Gueret South Property), Quebec (continued)
A 2% NSR is payable to the optionors on all minerals produced from the property. The Company has the right at any time to buy-back 2% of the NSR from the optionors for $1,000,000. During the year ended February 28, 2018, the Company expanded its Lac Gueret Extensions project (South & East blocks).
The Company acquired more claims adjacent to and on-trend with Mason Graphite. The Company paid $25,000 and issued 62,500 common shares of the Company fair valued at $56,250.

[Mr. Zen]

Tesla is expanding the hiring of recruiters and a support team for a “high-volume” hiring effort in Quebec amid rumors of a potential factory coming to the region.

Earlier this year, we started reporting on evidence that Tesla has been looking at a potential location in Canada for its next Gigafactory.

Tesla plans to ramp up production to 20 million electric vehicles by the end of the decade, and it is expected to need about eight more Gigafactories to do it.

In June, Electrek obtained a recording of a companywide meeting held by Tesla CEO Elon Musk, during which he confirmed that Tesla is looking at sites in North America, and the CEO hinted at Canada for Tesla’s next Gigafactory, which he says should be announced by the end of the year.

Musk did it again at Tesla’s annual shareholders’ meeting last month, and the effort was confirmed through a lobbying disclosure by the automaker with the Ontario government in Canada.

Later, a local report stated that Tesla had visited Vale’s nickel operations in Canada and was scouting sites for a factory in Ontario and Quebec.

We also reported that Tesla visited a graphite mining and processing company based in Quebec’s battery valley.

The biggest evidence that Tesla was looking to establish a factory in Canada, and more specifically in Quebec, came in the form of a job posting for a “high volume recruiter” in Quebec.

It was significant since Tesla has used similar language about “high volume” recruiting ahead of other big factory projects, like Gigafactory Berlin in Germany.

That was back in September and we have heard much since, but now Tesla has posted another interesting job posting.

Electrek found a new job posting for a ‘Recruiting Coordinator’ based in Laval, Quebec, which is just outside of Montreal. In the job posting, Tesla writes that the coordinator will “work closely with high-volume Recruiters”:

Work closely with high-volume Recruiters in a fast-paced organization. We see our candidates as our guests, and we are their hosts. Act as a guide for candidates through the onboarding process ensuring a smooth candidate experience.

The job posting makes it sound like Tesla is preparing to recruit and onboard a high volume of new employees in Quebec.

Musk has said that Tesla is looking to announce the location of Tesla’s next Gigafactory by the end of the year.
Electrek’s Take

Being from Quebec, I admit that I am biased in wanting Tesla to invest in a facility in Quebec. So please take that into account in my reporting.

With that said, I think that it starting to look very good for Quebec to get a Tesla factory.

[Mr. Zen]

Net value of proven deposit $1,744,200,000. current market cap $2,640,189 10/26/2022

[Mr. Zen]

READ IT!!!

https://greenbatteryminerals.com/wp-content/uploads/ReportFINAL_compressed.pdf

The mineral resource estimate yields an Indicated Resource of 1.76 Mt at 17.00% Cgr and Inferred Resource of 1.53 Mt at 16.4% Cgr. The pit constrained resource sensitivity remains robust even in reducing significantly the assumed commodity price (US$ 1,140 per tonne graphite, or CDN$ 1,530 per tonne)

Mt= million tons

The Zone 1 deposit lies 8 km southwest of Mason Graphite’s deposit which is the subject of a current feasibility study. The Company believes its Zone 1 deposit and that of Mason share many similar geological characteristics with the Zone 1 deposit being one of the highest-grade graphite deposits in the world.

[Mr. Zen]

https://greenbatteryminerals.com/news/

[Mr. Zen]

This is mine number 6 that this company has discovered and brought to production.

https://greenbatteryminerals.com/

current market cap 2.425,370

fair value 24,000,000 (my estimate)


proven reserves several billion!!!

[Mr. Zen]

When this gets discovered it will fly


Market Cap 2,425,370 10/25/2022

then read this 67 page report on SEDAR
https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00004797

GREEN BATTERY MINERALS INC.
Management’s Discussion and Analysis
For the period Ended August 31, 2022

[cuckoo 4 cocoa puffs]

GBMIF Amazing Share Structure
Market Cap Market Cap 2,321,426 10/17/2022
Authorized Shares Unlimited 09/30/2022
Outstanding Shares 69,296,287 09/30/2022
Held at DTC 2,367,330 09/30/2022
Float 64,756,287 02/28/2022

[cuckoo 4 cocoa puffs]

GBMIF Short Selling Data
Short Interest
59,687 (226.48%) 09/30/2022

https://www.otcmarkets.com/stock/GBMIF/security

[cuckoo 4 cocoa puffs]

Protagonists OTCX/ VIRT are going to get crushed!