Grunt23 "H" Most abundant etc...."

A good science answer to a question not asked.

Grunt23: Hydrogen supply constraints?

Thanks!

I was concerned that hydrogen fuel cell use might be constrained by hydrogen supply. I did not do an in depth review, but based on my layman's drive by look at this link that would not appear to be a problem.

https://openei.org/wiki/List_of_Companies_in_Hydrogen_Sector

(I suspect that most these companies currently still rely on fossil fuel for electricity to produce their product.)

(Interestingly, Grainger actually sells Hydrogen generators. It needs 110 volt to run it. If you want off grid I suppose you run it during the day using your 20% efficency solar panels or at sometime when its windy or your electricity rates are lower.)

Parker Hydrogen Generators

Sounds like a large scale move to fuel cells using Sc should position NioCorp well in any coming switch to alt-energy generation.

A.O. Thanks! Bloom is listed under the Symbol BE. There is a BE board.

The prices within last 3 months has swung around a lot.
As a potential end user of Niocorp Scandium it would something for this board to start following.

Niocorp / Scandium

From:

https://www.globenewswire.com/news-release/2019/06/20/1872019/0/en/Insights-Into-the-Worldwide-Scandium-Market-2019-2024-Increasing-Usage-in-Solid-Oxide-Fuel-Cells-SOFCs-Drives-Growth.html

The scandium market is expected to grow at a CAGR of above 11.5% during the forecast period of 2019-2024.

The major factors driving the growth of market studied are the accelerating usage in solid oxide fuel cells (SOFCs), and growing demand for aluminum-scandium alloys. On the flipside, lack of awareness, high cost, and inconsistent supply are hampering the growth of the studied market."

(Who/what will supply the Hydrogen fuel to power the cells?? Something to look at. )


(All....Do NOT invest based on anything I might post.

P.M. Most of my shares purchased at w/in last year at approx $.48 US, currently about $.60 US. Most would say that 25% in a 1 year period is a good return.

Looking for financing this or early next year and I am thinking $1 to $2 S/P in the next year. (Higher s/p in some greed driven frothy upturn would be fine too!)

GLTA

(NE KS Weather....Two days 60-70 degrees F. (Opportunity!) Off to seal the driveway before winter!)

Risk54, handsdo, Mediascience, MC2Atlantis

News release:

"Not for distribution to U.S. news wire services or dissemination in the United States."

"Silver Elephant Announces Filing of Technical Report for Pulacayo Project and Final Short-Form Prospectus for Previously Announced $8.0 Million Bought Deal OfferingVancouver, British Columbia, November 17, 2020 – Silver Elephant Mining Corp. ("Silver Elephant" or the "Company") (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) is pleased to announce that, further to its press releases dated October 13, 2020, October 20, 2020, October 21, 2020, and October 27, 2020, it has filed its independent amended technical report with a report date of November 12, 2020 and an effective date of October 13, 2020, titled "Mineral Resource Estimate Technical Report for the Pulacayo Project" (the"Report"). The Report was prepared by Mercator Geological Services Limited on the Company’s Pulacayo project and has been filed under the Company’s profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com.

The Company has also filed a final short form prospectus with the securities commissions in each of the provinces of Canada, other than Québec, in connection with its previously announced bought deal offering (the "Offering") of 20,000,000 common shares of the Company (the "Offered Shares") at a price of C$0.40 per share for aggregate gross proceeds of $8.0 million through a syndicate of underwriters led by Mackie Research Capital Corporation and including Canaccord Genuity Corp. and Sprott Capital Partners LP (together, the "Underwriters").


The Company has also granted the Underwriters the option, exercisable in whole or in part from time to time at any time on or prior to the date that is 30 days following the closing date of the Offering to acquire up to an additional 3,000,000 common shares of the Company (representing an additional 15% of the Offered Shares) at a price of C$0.40 per share.

Closing of the Offering is expected to occur on November 24, 2020, or such other date as may be agreed by the Company and the Underwriters, acting reasonably.

The Toronto Stock Exchange has conditionally approved the Offering and the listing of the Offered Shares, subject to customary conditions.Insider Participation.

It is anticipated that John Lee, a director and officer of the Company, will purchase 750,000 Offered Shares pursuant to the Offering. As a result of the participation of Mr. Lee in the Offering, the Offering constitutes a "related party transaction" under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101").

--------------------------------------------
Here is the "Conclusion" of the Technical Report.

From SEDAR Filings;

MINERAL RESOURCE ESTIMATETECHNICAL REPORTfor the PULACAYO PROJECT

Page 24

(Snip) ...

"Interpretations and Conclusions Based on results of the current mineral resource estimation program documented in this report, Mercator has concluded that detailed economic assessment studies are warranted to assess the economic viability of a combined open pit mining scenario for the Pulacayo and Paca deposits with the possibility of related underground mining opportunities. Good potential exists for mineral resource extensions at both the Pulacayo and Paca deposits and new prospect evaluations are also warranted within the exploration holding. The current mineral resource estimate represents a 226% increase in total sulphide contained silver equivalent from the previous mineral resource estimate reported by Cullen and Webster (2017) and includes definition of new oxide mineral resources. This substantial increase in total contained metal reflects the transition from a low tonnage high grade assessment approach or concept used in 2017 to the low grade open pit mining concept of the current mineral resource estimate."
------------------------------------------------------


Upside is a 226% increase in Pulacayo silver reserves, a positive on the balance sheet. Open pit operations would cost less and make it more attractive to start up operations or to potential purchasers.

The share offering; If fully subscribed it will result in $8,000,000 CND. Offset that against 23,000,000 share dilution for current shareholders.

I do not know specifics of the offering. Generally there is a required hold period before subscription shares can be sold. In the U.S. insider sales are generally restricted to certain periods of time, usually about once a quarter. I do not know how this would be handled under Canadian law. I do not have a large number of shrare but I am not selling at this time.

(Everyone should do their own Due Diligence when deciding to invest.)

Mason07: for those wondering: (Yes, a slide)


"What is a Kraken?" A seething cauldron of tentacles that come up from out of the sea and drag boats and sailors down to their dark and watery deaths. (Generally considered mythical. :)



For animated examples see also:

Risk54: Wack, squack, beware, beware! Going down to $.10 per share!

(Just Remember, a seagull troll bot tried to save you! Really tried! Only thinking of you not his short sale!)

Risk54: Good purchase! I have some shares. I wish I had more. Up 16%.

(But you know, a bot bird told me it will go to $.05 per share, snort!)

Maybe some day it will be possible to intelligently discuss this stock on this board without getting hit with a guano storm.

A.O.: About 5 months ago I sent Scott a story about bio mining.

I did not ask for a reply and none was sent. Still..You might send it to his attention.

P.M. I think that the IBC (Not advanced alloy) litigation in N.S. and Colorado has not been good for them. Someone posted that IBC collects Deposits from really junior miners with the expectation they will go under and do and they keep the deposits. Didn't happen with Ucore.

Anyway, they have a 1 1/2 tons of raw material that they using to test their system. Announced just before the reverse split. We'll see.

I wonder whether Niocorp or Ucore gets up and running first.

(Hopefully Niocorp!)

Boilermaker: Thanks!

I was concerned that they might come up against a "Drop Dead" date on the start date provisions of the Air Permit and that this will not be a problem.

Based on everything I have heard here I am sure that Scott has had his "critical path" laid out for months and has worked to minimize any expenditure until required for deposits for contractor work start up or equipment manufacture.

I am just glad that management can go into detail and sound just as frustrated about the funding delays.

And again, I just want to express my appreciation that you can bring your experience to bear on this and provide all of us with your insights on what is going on!

P.M. Too late on Ucore. It tanked as soon as the 1 for 10 share reverse split was announced. Just glad I only had a small number of shares, not so much that I can't afford to ride it out.

On the positive side I might be able to do a Roth conversion of IRA side shares to my Roth at a lower value, avoid some tax, and hope that it comes back. (I suspect they may be looking for a partner or a merger. Mentioned in their Proxy If I remember.)

I am mostly in Bonds. Safer. (Hear that Kmack!!) Just being patient about NioCorp.

Gabanon: Thanks for the bread!

From Red Castle site https://pebbleprojecteis.com/

"Record of Decision" your: Decision date 12/14/2020 + 4.

Trusting We have it all! (F/R g Thread too)

P.M., Boilermaker;

I think the question of land purchase timing is related to the Nebraska Air Permit and the 18 month window for starting construction. The closer we are to the expiration of that period the more likely they are to do an immediate purchase for at least the site of the initial shaft and refining facility.

Before the meeting I did send an Email to Jim with the question of what constitutes "start of construction."

Is it enough to do some leveling and construction site layout? He did not reply so I assumed it would be addressed in the meeting.I have not seen the video so I do not know if it was answered. Did they discuss this at all? If you take some video of Men in orange vests with hard hats and transits pounding stakes are we good? (You might know Boilermaker!)

P.M.

A "Politician"...Humm...Statesman would be better but I'll take it as a sort of complement! :)

Absolutely,"Go NioCorp Go!"

(Time to spray paint that shovel gold!)

Gabeanon; Found this on seeking alpha.

https://seekingalpha.com/article/4388584-northern-dynasty-minerals-biden-winning-pebble-mines-probability-of-success-is-greatly

Snip....This "Pebble Mine" project has the potential to significantly boost NAK's value. It is known that there are significant likely reserves of gold, copper, and molybdenum (a rare-earth metal that is largely produced in China). It is not entirely clear what returns these reserves will generate, but other analysts have estimated an unequivocal permit approval would increase NAK's fair-value to $2-$4 per share....Snip


As you know,the "Big Guy" is running into some headwinds and that should help NAK S/P. (The Storm KEK!)

Parture; It was deep and widespread.

Rubberworm:

Thanks!

Boilerplate disclaimer, still...

"ThePEAmineplan andeconomic model includes numerousassumptionsandthe useofInferredResources. InferredResourcesareconsideredtobetoospeculativegeologicallytohaveeconomicconsiderationsappliedtothemthatwould enablethemtobecategorizedasmineralreserves,andthereis nocertaintythatthePEAwill be realized...etc"


I may look at it more later on. I did note that the capex comparison is between their Mine, and Niocorp's mine AND processing facility. (They will need to find a processor for their niobium unless i missed something.)

I did note that they downplayed the amount of Scandium that will be produced, "Our scandium won't add to the looming oversupply of scandium etc"

That they will supply some scandium I take to be a positive. The less reliant the market is on one source of scandium the more likely the market will expand to the use of Scandium. (My and others thinking.)

Anyway, hope things are going well for you.

Kmack:

I liked the positive Kmack, although I understand your frustration.

You appear thoroughly unhappy. You can't control the pace of financing or the share price for this stock.

Control what you can control. Maybe for your own peace of mind consider selling your shares, accepting any loss. Take the money put everything in something low stress like bonds, (not bond funds.) Low stress.

If you do this don't ever look at this stock or its price again. Ever! Because as soon as you do that and they will immediately announce financing. Not trying to be funny or nasty here.

All;

Emailed J.Sims re 18 month construction start provision in the Air Permit, requested answer at the meeting.

If reply, I will post here.

P.M. All

Nice D-9! I see that it has an attachment for tearing up asphalt or maybe stumps!

If anyone is going to the meeting it might be nice to ask what qualifies as beginning construction for purposes of meeting the 18 month deadline contained in the Air Permit.

If they were to do a preliminary site layout survey with staking and leveling would that constitute sufficient action to meet the 18 month requirement?

(I will probably email the question to Jim and request an answer at the meeting.)

"Pain will come!"

True! You keep posting!

Price goes up, price goes down. Its down 15 cents from some price in the past.

(Will time pass? Will it get dark tonight?)

Kunio? Shorting this stock?

NorCalTommy;

Makes sense to me! I Hope you are correct.

(Certainly for Kmack's sake. Everyone prefers happy smiley Kmack!)

Doug;

Time to paint that lawn edging shovel Gold or Green anyway!

Red is no go!

Yep! Voted for them too! it worked.

(Hope this helps knock the Dmmn financing logjam loose!)

http://arizonasilverexploration.com/home-page/arizona-silver-to-resume-drilling-at-philadelphia-gold-silver-property-and-two-additional-claims-added-to-the-south-in-mohave-county-arizona/

"A total of 10 holes are currently planned in this next round of drilling. The RC drill rig will drill pre-collar holes to within 100 feet of the target high grade vein, and the core rig will then re-enter these pre-collar holes to core through the targeted projection of the vein.

We are pleased to inform shareholders we have added 2 additional claims onto the southern end of our now 20 claims. Sampling is underway to follow up on earlier sampling that indicated the presence of anomalous gold and silver in association with the continuation of the Arabian fault and associated veining. Click here to view claims.

Arizona Silver’s Vice President – Exploration, Greg Hahn, commented, “We are excited to continue drilling the main vein target down dip of the previously intersected high grade. The nearby Oatman gold deposits have a depth extent of between 700 and +1000 feet, and vein textures at Philadelphia indicate we have drilled only the very top of the boiling zone, so we have great expectations for drilling down the dip of the previously announced high-grade intercepts.”

Walter;

Walter, they were intended as general observation about the different shut down responses. (Except for my comments on the Politicians in New York. What they did cost people their lives!)

I am happy that most of my portfolio is in Bonds. The only 2 stocks I have that went up in the last 3 weeks are precious metals. (Noble metals, not Rare Earths!)

So along with every one else I wait for the market to turn. I have not sold any NioCorp shares.

Lets hope that financing comes soon! GLTA

Walter;

I have no doubt that Covid 19 restrictions affect all businesses and certainly is affecting Niocorp.

One wonders whether the Swedish model is a better response to this virus. They urged personal responsibility and protected those most at risk...the elderly and ill and overweight. They did not shut life down. A young person has almost no chance of dying from the virus(better than 99.6% survival)and usually have mild symptoms. A child has even less chance.

(They also did not--as some politicians in New York and California and Northern Italy--urge people to go to Chinese New year Festivals and hug a Chinese person, or force nursing homes to accept recovering covid patients. Unsinn! Foolishness!)


NYT Article Sweden coronavirus 9/29/20

and

Just 6% of (U.S.) Covid Deaths Occurred Without Co-Morbidities

That said, I--and I think you-- are in the 60+ years old catagory and DO need to be concerned with exposure to the virus. (I am retired so for me it is not that difficult to self isolate. It will be harder now that winter is coming!)

Well, I looked at my account and Niobf is up just a little ($0.003 USD.) One of these mornings we will get some good news on financing!

Doug, Boilermaker;

It looks like you can claim 100% depreciation on a structure that is put into service, almost treating it s an expense. Since NioCorp currently has no product and therefore no income or tax to pay, I do not see how it benefit them unless they are able to carry the 100% tax years depreciation over to later tax years when they do have income.

Since there will be no product for at least 3 years the 200% does not benefit NioCorp or their purchasers.


Warning. I have a little accounting and had some experience with individual taxes, but next to nothing with Corporate tax.

MC2 Atlantis:

A day at the beach! This is what happens to any attempt at posting information and discussing SILEF:

Looks Like I am here again! "Sqwack! "

A someone who said they sold all their shares in this stock and made a bundle keeps coming back to shout in the air, insult any other posters and the company, and generally draw attention to themselves.

Doug; Initial separation testing w Bokan REE Feedstock!

Excellent news, added shares at $0.085 USD!

Douginil, spot on trade;

Focusing on one individual in the Oct 6th news release:

New UCORE Randy Johnson is also President of Tyler rental. This seems a odd until you see what they rent.


Link to Tyler Rental

From:

"Realigning our Team for Success"

SNIP.....


"Immediately upon acquiring IMC, Ucore brought IMC's Chief Executive Officer Dr. Gareth Hatch, CEng onboard as Ucore's Chief Technology Officer and as a Company director. Mr. Ty Dinwoodie was also brought onboard as the Company's President, along with Dr. Kurt Forrester, CEng as the Company's Vice President of Metallurgy. Over the subsequent five months of assimilation, it became apparent that IMC should operate more autonomously within the Ucore group structure (while adhering to the Company's guiding principles and objectives). Therefore, the Ucore Board of Directors has made the following changes to more efficiently serve the objectives of both Ucore and IMC, effective immediately:

1) Dr. Hatch will now work solely as IMC's Chairman and Chief Executive Officer[v];

2) Mr. Randy Johnson, a long-term Ucore business advisor, has been appointed[vi] as a director of Ucore to fill Dr. Hatch's previous position. Mr. Johnson is the President of Tyler Rental, Inc., an Alaska-based enterprise with over 100 employees, which he founded as a start-up in 1989 and subsequently grew to a multi-state enterprise;

3) Mr. Dinwoodie will now work solely as IMC's President and as a director of IMC[vii]; and

4) Dr. Forrester will now work solely as IMC's Chief Operating Officer and Vice President of Metallurgy[viii]."

P.M., Ontinvestor

"Monday is Thanksgiving" (TSX stock holiday.)

Salted beef and whirrled peas? (Thank you Martin Frobisher...good excuse to drink Beer!) Or eat butter tarts (More like it Ontario!)

Well an earlier Celebration date makes sense to me in view of the high latitude and earlier winter. Enjoy your holiday, P.M and Canadian posters and lurkers, hope you have warm weather!

(And lets hope that Niocorp gets financing before it snows in Elk Creek or Toronto!)

Boilermaker

Thanks for your post to N.H. and H.H.! All good information!

Last week, Vancouver-based Northern Dynasty Minerals Ltd. issued a press release that declared its Pebble Mine, located in Alaska’s Bristol Bay, as the “most significant” source of rhenium in the world.

Rhenium, one of the rarest elements in the earth’s crust, is prized in military and industrial applications for its high melting point yet remained unheard of to most investors until U.S. President Donald Trump included it on a list of critical elements in 2017 whose permitting should be prioritized and streamlined....

more at link


https://financialpost.com/commodities/mining/northern-dynasty-eyes-controversial-alaska-mine-as-high-gold-prices-encourage-ecologically-dicey-projects

Ucore Provides Update on Agreement Between Innovation Metals Corp. and Hexagon

https://www.newsfilecorp.com/release/65399

Halifax, Nova Scotia--(Newsfile Corp. - October 7, 2020) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") today announces that the Investment Agreement announced on October 10, 2019 between Ucore's wholly owned subsidiary, Innovation Metals Corp. ('IMC"), and Hexagon Energy Materials Limited ("Hexagon") has been terminated.

The Investment Agreement provided Hexagon with a 12-month option ("Option") to acquire 49% of American Innovation Metals LLC, a prospective joint-venture company that on exercise of the Option, would have had the exclusive rights to commercialize IMC's RapidSX™ technology for rare-earth elements ("REEs") separation. The Investment Agreement required Hexagon to make an initial payment to IMC of US$2 million ("Initial Funds") on or before October 10, 2020, plus an additional US$4 million in deferred consideration. As Hexagon was not able to secure an investor to provide the Initial Funds to enable Hexagon to exercise the Option, Hexagon provided notice to IMC that it had withdrawn from the Investment Agreement on October 6, 2020.

In recent months, as travel restrictions hampered travel to and from Australia, the uncertainty regarding Hexagon's ability to exercise the option, per the terms of the Investment Agreement, became challenging for IMC and, ultimately, Ucore. With the Investment Agreement now terminated, IMC can proceed with the commercialization of RapidSX and both IMC and Ucore can now advance with various end-user candidates and counterparties with clarity, conviction and certainty.

IMC's proprietary RapidSX technology is in the process of being developed for commercialization for the cost-effective bulk separation and purification of REEs - including both heavy REE ("HREEs") and light REEs ("LREEs") - for the production of REE oxides ("REOs"), in addition to other critical metals, such as lithium ("Li"), nickel ("Ni"), and cobalt ("Co") for lithium-ion ("Li-ion") battery materials.

A copy of the Investment Agreement between IMC and Hexagon was filed on SEDAR by Ucore on June 9, 2020. Ucore wishes Hexagon well with its future endeavors.

Hans;

What was the source for your info / the sample? Elk Creek Core drillings?


This would be a process engineering question that you might direct to Jim Sims for Scott Honan to answer if its not proprietary.

Or, it might be something answered in the permitting documents.

Search of "Seperating scandium and yittrium" brings up a number of results.

------------------------------------------------------------
https://en.institut-seltene-erden.de/preise-fuer-seltene-erden-im-januar-2020/

YITTRIUM prices

The Yittrium oxide is about $2.90/KG, the metal about $33/KG.


SCANDIUM PRICES

*** (Of more interest to this board) ....

Scandium oxide is about $44/kg,

Scandium metal 99.9% pure is listed at about $3486.00/KG.

--------------------------------------------


https://periodic.lanl.gov/39.shtml

Namded after Ytterby, a village in Sweden near Vauxholm. Yttria-- earth containing yttrium-- was discovered by Gadolin in 1794.

(More at link)

Small amounts of yttrium (0.1 to 0.2%) can be used to reduce the grain size in chromium, molybdenum, zirconium, and titanium, and to increase strength of aluminum and magnesium alloys.

Alloys with other useful properties can be obtained by using yttrium as an additive.

(again....more at link if interested. going off board for now.

Navy Husker

Thanks!
For investing purposes its enough to know that the amount used is probably not large. I suspect that there is generally available non restricted information in other forums regarding the type of subject to satisfy curiosity.

Regarding Defense industries you may be interested in:

https://ibcadvancedalloys.com/ IAALF

Note that Niocorp's Mark Smith is IBCs company CEO.

"FRANKLIN, Ind., July 08, 2020 (GLOBE NEWSWIRE) -- IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) is pleased to announce that the IBC Board of Directors has appointed Mark Smith, IBC Board Chairman, as Chief Executive Officer (“CEO”) of the Company effective immediately.

I Did not check to see if this was previously posted here on the NIOBF board. Most of us know about his desire for "Vertical integration". In the context of the government's REE initiative his connections to and exposure to Defense contracting should be a positive. (In the mean time we wait....!)

Navy Husker;

Well, I suppose I was actually thinking generally about alloys used in the containment vessel and tubing rather than fuel rod cladding (zirconimum) and whether anything originating in Elk Creek might end up in power plant of a nuclear sub.

(Naval Aviation; Niobium is used in Aircraft turbine blade and high heat power plant parts and scandium and titanium in their Airframes.)

Navy Husker;

I suspect submariners are more likely to suffer from boredom than radiation poisoning. (Thinking U.S. submarines here.)

Do they use any REES in the reactor cladding and containment vessels?