long investor in Niocorp
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I bought it i will post several bits of info this weekend. I feel it was worth every penny. Thats why I picked up 13000 mores shares this week at .40 0n TSX
Blairman
Kachan Report, I bought and downloaded the Report last night, still lots to go through. Has anyone else bought the report? I will post some of the important info shortly. I have never been so excited to read a 38 page report on Clean energy and mining. LOL
Blairman
Just remember I gave you the heads up. look at the secured contracts and ones in Production with auto and more coming in the next 12 to 24 months, will be the leader in Battery storge area and it was a $11 stock 52 weeks ago. price target of $4.49 by year end. just keep an eye on it, got to look forward on this one.
Blairman
Joeiniowa, How do you take this info? what are your thoughts on a delay? Does Commercial suppliers maybe mean a JV partner?
Blairman
American Manganese Inc.: Artillery Peak Preliminary Feasibility Update
3 minutes ago by Marketwire
American Manganese Inc. ("American Manganese" or the "Company"), (TSX VENTURE: AMY)(PINKSHEETS: AMYZF)(FRANKFURT: 2AM), has established an updated release date for the NI-43-101 compliant preliminary feasibility report. The report is now scheduled for the later part of March 2012, as a significant amount of information from several independent commercial suppliers is being compiled for the report.
Pilot Plant Update
Mr. Larry W. Reaugh, President and Chief Executive Officer of American Manganese is pleased to announce that the results of the pilot plant study will be presented at the SME Annual Meeting held in Seattle, WA on February 20, 2012.
What: "Pilot Plant Operations for the Recovery of Manganese from Lower Grade Resources at Artillery Peak, Arizona" (authored by Norman Chow, Dr. Gie Tan and Dr. Anca Nacu of Kemetco Research, and John W. Fisher of American Manganese.) Where: SME Annual Meeting, "Strategic Metals Technical Session" Washington State Convention and Trade Center 800 Convention Pl, Seattle, WA 98101 When: February 20, 2012 2:30p.m. - 5:00p.m.
Copies of the peer reviewed technical paper presented at last year's SME Meeting will also be distributed at this Annual Meeting in the Industrial Minerals Special Issue of the Minerals & Metallurgical Processing Journal, February, 2012. Interested parties are invited to attend. American Manganese staff will be available at the Company's booth in the exhibition hall and will be please to provide further details of the successful pilot plant studies.
I'll load up 20k more if it drops to the high .30's this will be like stealing candy from a baby and selling it for profit! LOL
Blairman
I listened to the call, nice to here Larry sounding more objective and you can read between the lines and the battery opportunity is outweighing the EMM excitement long term. Lets just get through these .30 cent warrents and a good Pre fease report and the rest is history.
Blairman
Sorry My bad I was hungry and rushed, I love the "Golden Period"
Blairman
http://sn133w.snt133.mail.live.com/default.aspx#!/mail/InboxLight.aspx?n=139692707!n=1296188515&fid=1&fav=1&mid=5f2f9880-50e6-11e1-ba95-002264c1d54a&fv=1
Resource Intelligence article on LMD and American manganese for Electric Vehicles and the new super charged Batteries.
Blairman
Thanks, i predict February 13th Pre Fease release date. Thank God your on this board, your info really helps me sell AMY to a few investors I know who have picked up some shares and I know they are just waiting for the reports due shortly. Also the TSX Venture exchange was up over 13% in January, top 4 of all the exchanges
Blairman
http://www.reuters.com/article/2012/01/05/idus187017+05-jan-2012+PRN20120105
Manganese is moving up in the world LOL
Blairman
Molycor take a look. I bought 50000 shares yesterday,look at the charts for Molycor, over 4,300,000 shares traded, avg volume is less than 100000 over last 6 months. They have 111 Billion pounds of Magnesium, some , Gold and Copper in Nevada property. Could be some news here?? Just saying!
Blairman
Value1008 Great reply, thanks for making it seem so clear on understanding future earnings and calculations. So glad your on the Board.
Blairman
Blairman bought 20000 on TSX today!!
MY Appoligies to the Board, I did not even think of that. But i did love her response so quickly. We are breaking through some technicals.
Blairman
Email from Connie at Investor relations for American Manganese. Here is her response to my question concerning February's release of Prefeasabilty study.Great email for new people interested in AMY
Dear Blair,
Thank you very much for your email.
American Manganese reported on the anticipated release of the Pre-Feasibility Study on Dec 21st of last year, to note:
“Mr. Reaugh says; “Kemetco’s and CPM’s contributions are vital technical components of the previously announced on-going preliminary feasibility study. The preliminary feasibility report commission by the Company is now scheduled for delivery around mid-February (2012) of next year.”http://www.americanmanganeseinc.com/pilot-plant-update-and-year-end-status-report/
There is no update, we can only disseminate the Study once it is compiled and released by Wardrop. A Pre-Feasibility Study is a concise in depth report of all the work, progress, new 43-101 information, Pilot Plant testing and other factors of which are too numerous to articulate here. American Manganese is not expecting any surprises and we are confident that there are no issues which will keep us moving forward to commission the Bankable Feasibility Study shortly thereafter.
We will however start the testing of the Electrolytic Manganese Dioxide mid month, which I believe to be very exciting. The EMD and Lithium Manganese Dioxide are both potentially value added products which could be very positive for both AMY and the Rechargable Battery Market’s:
LITHIUM MANGANESE DIOXIDE (LMD) BATTERY (Li Mn2 O4) LMD used in batteries contain 4% Lithium, 61% manganese and 35% oxy-gen by atomic weight.
LMD batteries are currently being used in the Chevy Volt and Nissan Leaf.
LMD has low cost of production.
LMD has high power output, thermal stability and enhanced safety when compared to other lithium ion battery types.
Work at the University of Illinois has achieved an advanced prototype battery, using Lithiated Manganese that can be recharged in as little as 2 minutes (equivalent to filling a gas tank).
In conjunction with the Company’s current Pilot Plant testing to pro-duce EMM Kemetco has been engaged to produce EMD and LMD oxide powder for testing for the battery industry. This will be the first production of EMD utilizing domestic ore in the past few decades.
EMM is produced on the cathode of the electrowinning circuit, EMD is produced on the Anode.
RECHARGABLE BATTERIES
The Company is capable of producing Electrolytic Manganese Metal (EMM) on the cathode or Electrolytic Manga-nese Dioxide (EMD) on the anode. Currently the company is investigating the production of EMD to make a Lithi-ated manganese dioxide (LMD) for the battery industries.
USA is largest consumer of EMD Worldwide at 41%. Produces 23% from imported Mn ores.
Battery consumption of EMD predicted to be fastest growing segment of manganese production.
Chairman William Clay Ford, Jr. of Ford Motor company predicts 25% of all their new cars will be elec-tric by 2020.
Management is fully invested in the Company currently. It is not unusual for them to participate in Private Placements when necessary to raise funds for The Artillery Peak project. This provides them the benefit to invest money directly into the Company coffers in order to add value in situ for AMY whilst expanding the Company’s Manganese deposit in Arizona.
I hope this helps address your concerns, Blair. Please contact me any time, my phone number is also noted on my contact information. Best, Connie
Connie Fischer
Investor Relations Manager
American Manganese Inc.
Ph: 604-531-9639 Fax: 604-531-9634
Toll Free: 1-888-906-0444 Cell: 604-789-6431
email: ConnieIR@americanmanganeseinc.com
Web: www.americanmanganeseinc.com
This message is intended to be confidential and may be legally privileged. It is intended solely for the addressee. If you are not the intended recipient, please delete this message from your system and notify us immediately. Any disclosure, copying, distribution or action taken or omitted to be taken by an unintended recipient in reliance on this message is prohibited and may be unlawful.
-Blairman
CEO seeling shares now is not good timing! Any Thoughts people?
Blairman
Blairman picked up 5000 at .39 on TSX
AMY Upgraded on my TD Waterhouse alert! from 3 star to 4 stars,last week I posted the opposite, tell me because a great report will be out on Monday or Tuesday. I have had 4 people invest from my story of AMY. Keep an eye on Black Rock, BKI on TSX Canadian exchange. similar huge deposit in Iron ore in Ukraine, coming online in 2015.
Blairman
Blairman thanks for the quick responses, i was running out of High blood pressure meds!!
LOL
Downgrade for AMY TD Waterhouse, Hi guys, I just received a rating downgrade from my TD Waterhouse brokerage account that AMY has been reduced from 4 Star rating to 3? I am feeling stressed. joeiniowa or anyone thoughts please. What would they know to make a junior development
company be reduced?
Blairman
Now thats a great article! I am now a 100000 shares holder for AMY! Lets have Christmas come early with a great report.
Blairman
Then your missing the Boat, soon the .40's will be a distant memory
Blairman
Patent Application Submitted for Artillery Peak Manganese Extraction Process
Hi this was submitted August 30th and was suposed to be about 45 to 60 days I thought for final approval? I would feel a little better hearing it is finalized, can someone shed some light on this please.
Blairman
BKI , Black Iron Inc TSX check it out, bought some today, Iron Ore in Ukraine. could be a nice double, triple here, worth a look. up 20% today. good news and discovery of over 1 Billion tons in 32% grade Iron ore.
I need my Blackberry to ring an "ALERT ON NEWS FROM AMERICAN MANGANESE" its killing me to wait
Blairman
Hi guys, this article tells the whole story on AMY, great to share with sceptics or people new to the AMY story,
Electrolytic manganese metal (EMM) held a few basic critical and strategic uses, primarily in the alloying of steel, stainless steel and aluminum to name a few. Back in 1987 the US government classified manganese as a strategic metal and it was even considered strategic by the Department of Defense (DOD) as far back as 1918. This is not hard to understand when manganese has no substitute metals in its many past steel applications and has itself (EMM) become a substitute for other more expensive metals in certain alloys thanks to new and innovative metallurgical discoveries.
Manganese was once held by the US government in vast strategic reserve stockpiles which are no longer in existence. They are gone, sold off. Today there are no domestic suppliers of EMM in North America and China controls 97% of the world trade in EMM. Manganese is the fourth largest traded metal worldwide and you cannot make steel without 10 to 20 pounds of manganese per tonne of steel, depending on the grade and type of steel. Manganese can also replace the more costly nickel alloy used in stainless steel.
Various refined forms of manganese such as EMD (electrolytic manganese dioxide) can be made from the same circuits and process as electrolytic manganese metal. The USA is the largest consumer of EMD worldwide. Currently battery consumption of EMD is predicted to be the fastest growing segment of manganese production worldwide. Chairman William Clay Ford Jr. of Ford Motor Co. predicts 25% of all Ford’s future auto production will be electric vehicles by 2020.
As can be seen, changes are coming fast and furious in the broad spectrum of new applications for this strategic metal. With the world turning to “green energy” the realm of metallurgical scientists have become very interested in electrolytic manganese and as such have been, and are, hard at work advancing and defining new technologies and subsequent applications, many of which use EMM in the various discovery uses currently being made.
One of the first new widespread uses for EMM is in the cathodes of lithium-ion batteries for electric vehicles (EV). EMD is used in the anodes. This technology is already in use by GM’s Chevy Volt as well as the Nissan Leaf and is in development by other automotive manufacturers. The Argonne National Laboratory in conjunction with Envia Systems has developed a “high capacity manganese rich cathode” (HCMRC) battery and they claim it holds twice the charge of other lithium-ion type batteries currently in use, can be recharged in a few minutes and is approximately half the weight of other EV storage batteries as well as having a lower production cost than other comparable lithium-ion type batteries currently under development. Lithium manganese dioxide batteries (Li-Mn2-O4) (LMD) contain 4% lithium, 61% manganese and 35% oxygen by atomic weight.
The somewhat unspoken aspect of this new battery technology is the fact that every appliance, tool and EV using stored electricity will be revolutionized by this new discovery. Thinking of it in wider terms of marine and military vehicles, unmanned drones, forklifts, buses, even golf carts etc, the list seems endless. Lithiated manganese dioxide (LMD) batteries are already being used by Milwaukee Tools in their electric battery tools sector and this technology application is rapidly growing with many other tool companies.
LMD batteries, besides having a high power output and low production costs, also exhibit high thermal stability and enhanced safety when compared to other lithium-ion batteries. The University of Illinois has recently created an advanced prototype battery using lithiated manganese that can be recharged in as little as two minutes.
With an estimated 30 million EVs being sold worldwide in 2011 and further estimated to rise to over 50 million by 2021, when you include the larger vehicles coming to market using this technological innovation, the future for the EMM market looks bright indeed, according to a recent 2011 report by IDTechEx. They also state in this report that over 90% of the world’s EVs are made in China, mainly for use in China.
On another front, researchers at the College of Science and Engineering at the University of Minnesota have developed an early stage multi-ferroic alloy that converts heat directly into electricity. This consists of a combination of nickel, cobalt, manganese and tin. Professor Richard James, who led the research team. he states, “This research is very promising because it represents a new method for energy conversion that has never been done before.” They also state in their report that even though this technology is in the early stages of development it could potentially be used to capture waste heat from a vehicles exhaust that would produce electricity for charging batteries in hybrid cars. Another possibility includes rejected heat from industrial and power generation plants. This is just one more of the many emerging new scientific discoveries being made concerning EMM.
Another example of constant change and innovation in the manganese sector is the new technology for wind and solar farms grid electrical storage announced this month by researchers at the DOE Pacific Northwest National Laboratory and China’s Wuhan University. They have developed a large scale sodium, ion, manganese oxide battery that is more energy efficient and lower cost than lithium due to the size and scale of batteries needed to store large grid scale electricity. This research is still early stage and ongoing.
Days of Infinite Mineral Deposits & Low Base Metals Prices are Over.
History will show the transition that began as we entered the 21st Century. China is showing us that transition by buying up strategic metals deposits and energy reserves around the world and other nations will follow suit as time goes on. It is time for North America to wake up to this stark reality. Its name is “protectionism.”
While the US is still imposing a 14% import tax on EMM and China is levying a 20% export tax, South Korea is now dropping its import tariffs on manganese. With North America having no strategic reserves of EMM, nor any domestic mines, and China controlling the market by 97% to 98% worldwide, combined with the fact that 2010 world production of manganese ore stood at 47 million tonnes it seems that the time is ripe for a new player in the North American domestic EMM production field. We must achieve domestic production in order to remain globally competitive in the green energy sector as well as in the many other widespread aspects of EMM usage, especially to regain competitiveness in the vast steel industry in which the US was the leader in world production for over 100 years.
China’s stranglehold and dominance of the EMM market truly represents a very serious supply threat to the rest of the world. We need a long term EMM ‘domestic’ supply chain. A supply chain that is not at the mercy of a competitor nor a potential adversary. And yet there is one US based and very large advanced stage EMM mine project in Arizona that potentially could and can change all that.
Due to the extensive and advanced stage work currently being accomplished by American Manganese Inc, (AMY-V) at their Artillery Peak, Ariz., manganese deposit (current NI-43-101 resource: indicated 6.76 billion pounds and inferred 8.8 billion pounds) the United States Geological Survey (USGS) and Arizona Geological Survey (AZGS) are now showing substantial renewed interest in the area and project. The AZGS is now undertaking the remapping and defining of the area’s manganese and other minerals in the Artillery area. The USGS has termed the Artillery Peak deposit as the largest low grade manganese deposit in the US in various reports since the 1940s.
American Manganese, subsequent to previous work by US Bureau of Mines, commissioned by the US governement in WW 2 to exploit America’s lower grade manganese resources, is now leading the way in becoming the next and only electrolytic manganese metal producer in the US. This prior research led to the creation of an operating plant at Three Kids, Nev. Concurrent with this, the Bureau of Mines created a process for producing EMM. This process for EMM manufacture is used today in China and South Africa. A variation of this electrolytic process has now been updated and revamped through new technology and design for American Manganese by their subcontractor, Kemetco Research Inc., and has already been placed under US Patent application.
With extremely high electrical costs in China and South Africa as well as depleting domestic supplies of manganese in China, both countries are producing EMM at or about $1.30 cost p/lb. The current EMM price as of June was $1.54 p/lb. FOB Rotterdam, $1.80 p/lb. FOB US East Coast (including the 14% import duty). The “Preliminary Economic Assessment” (PEA) 2009 study completed for American Manganese has a NI-43-101estimated cost per pound of production @ $0.44.
With this updated, robust & energy efficient process having been developed by Kemetco and American Manganese, mining EMM is now entering the realm of “green mining technology” with greater than 90% extraction rates thru low electrical and minimal water usage. The mining process also ends up with benign toxicity in tailings, which can be replaced immediately into reclamation areas. A continuous bench scale test pilot facility is currently being built for further testing of up to 20 tonnes of Artillery Peak manganese oxide ore by Kemetco’s laboratories to further prove this patent pending, conceptual process. Wardrop, a unit of Tetra Tech, is currently engaged in preparing the Artillery project pre-feasibility study.
It would appear that the US is on the threshold of having a potential world class, domestic supply with a low cost, minimal impact and much needed EMM mining some time in 2014. This comes at a time in history when EMM finds new large scale demand in green energy, electronics, specialty steels and aluminum alloys, not to mention a world with much-neglected old and out-dated infrastructure needing replacement and upgrading.
Ken Reser is an independent research consultant and has authored numerous articles on manganese since 2007. He can be reached by phone at 403-844-2914 and by e-mail at ykgold@telus.net.
I previously read the article by the CEO from the South African company and it makes complete sense, supply is up and a few more mines are coming online in the next 12 to 24 months around the world, But EMM like Joe said is holding strong and when AMY produces it for 40% less or more than the rest of the world, supply and Demand comes crashing down to earth. Electric cars will rise by 500% in the next 5 to 7 years. The Canadian and USA governments also the( X-Factor) is they dont want to buy from China and there is some very strong underlying tone to how the Chinese have been modifying many tarrifs, taxes and new regulations to exploit their current stranglehold on Rare Earth metals and Manganese etc.Trade wars change many things in politics and look for the US and other countries to fast track any policy that will reduce the need to buy from China. India has made comment by its ministry of an anticipated 30 % increase in steel production over the next few years and when this market stabalizes soon, the normal big money speulators will buy back in at a deal. Sorry for the LONG email. I'm fired up tonght LOL Blairman
Hi guys, i am Blair from Canada , I have been researching AMY since the summer and its is a compeling story. I am an active trader and not used to a Long term view, but I have no choice but to conform. I Have doubled my position with these recent pullbacks, which seems like a lucky break. The long term play is the massive increase in the Lithium Battery Technology. Electric car production will become a household name shortly., watch the TV commercials Lately, many more. USA and China I foresee a battle of EGO's and the reduction in the Chinese wanting to trade without big taxes and Export Tariffs will keep increasing. I appreciate all the great messages and feedback and especially Joeiniowa: you know your stuff.
Blairman
Hi guys, I hope you are all buying more shares of AMY as it keeps dipping in price. This will be a homerun. I have over 30000 shares and buying more. this will be a $5.00in less than 18 months
Blairman