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Formira® hydrogen-on-demand technology expected to increase mission endurance and enable heavier payload
electrochemistry to convert carbon dioxide to usable products such as formic acid.
The connection of being able to supply vaste amounts of fuel for the fuel cell is just one connection.. Mantra has it own fuel cell tech seems connnected to me....
Mantra's Promise of Innovation
by Debra Fiakas CFA
How often do we see the crowd rooting for the underdog? You could hear the cheers for Mantra Energy (MVTG: OTC) last week at the Marcum Microcap Conference in New York City. Mantra is a developmental stage company pursuing technologies to harness carbon dioxide for energy. Of course, the company has no revenue and therefore no earnings. Indeed, its technologies are so unique and as yet at such an early stage some might find them almost fanciful. Yet for some investors, a fanciful underdog is even better than another.
Mantra sees itself as a technology incubator, building on intellectual properties the company bought from the University of British Columbia. The company is perfecting what they call the electro-reduction of carbon dioxide. The idea is to use electrochemistry to convert carbon dioxide to usable products such as formic acid.
Formira Micro Fuel Cell has 3x More Power for Cell Phones
Harnessing the power of ant bites and bee stings, a B.C. company has developed a micro fuel cell that will come on the market next year to recharge cellphones, digital cameras, iPods or any other electronic device anywhere, anytime and could eliminate the need for recharging all electronic devices forever.
"It's like carrying your wall plug around with you," said Neil Huff, chief executive officer of Burnaby-based Tekion. "It'll charge your cellphone at the same rate the wall plug does."
Tekion's recharger, which contains a miniature fuel cell that runs on formic acid - the same chemical emitted as venom by biting ants and bees.
In fuel cells, formic acid gives more concentrated power than other fuels, allowing it to be integrated into small electronic devices such as the cellphone, which Huff described as the "Holy Grail" of devices to master. As cellphones add more and more functions such as cameras, video and MP3s, they require so much power that batteries are reaching their limits.
The revolutionary new fuel cell can be used in place of batteries providing two to three times the energy of lithium batteries and could be made for all portable electronic devices giving cell phones almost a week of talk time. Simply change the recyclable cartridge and the device will have the advantage of instantaneous recharging, all without the hassle of ever having to plug-in.
Tekion has developed a proprietary formula of formic acid that it calls Formira, based on the scientific name for red ant - Formica rufa. Formic acid is non-flammable and biodegradable and is also used in leather tanning, to de-ice airport runways, and as a preservative in animal feed.
"It's a very friendly fuel," Huff said.
Seems like there is a connection ....with Mantra just wonder who else it was Motorola and BASF wonder who it is now...
Mr. Sean Huff has been Member of Advisory Board at Mantra Energy Alternatives Ltd. since September 2012. Mr. Huff is an expert in formic acid and PEM fuel cells. He has spent the past 3 years as System Design Engineer at Tekion where he has lead the development of a formic acid reforming system for use with PEM fuel cells. He also led Tekion's in-house development of catalytic structures/reactors for both hydrocarbon combustion and selective CO oxidation resulting in a high performance formic acid reforming system. His work at Tekion has resulted in 3 patent applications in the field of formic acid reforming. He was subsequently awarded a fellowship to pursue post-graduate work in chemical engineering in France and England
Most hydrogen fuel cells are basically hydrogen bombs, how are Neah Powers different?
http://g2power.com/blog/2014/10/10/safer-fuel-cell-powered-automobiles-altenergymag/ 2014 / October / 10
One company working directly with hydrogen fuel cells for cars is Neah Power Systems. Their patent-pending technology of fuel cells enables the use of a liquid, safe fuel (formic acid) for automotive applications without the associated costs of a dedicated hydrogen generation plant or the safety and handling issues associated with the use of compressed hydrogen. In addition, formic acid could leverage the existing gasoline distribution infrastructure for enabling zero emission transportation and allows for traveling longer distances than electric cars
How much longer will a Neah Power fuel cell allow an auto to go on a single charge?
Electric vehicles commonly suffer from range anxiety. That is going a particular distance and running out of power without readily available source of recharging. While an electric vehicle may go 200 or 250 miles without a charge a combination of fuel cell and fuel together with a balance of system could travel 500 or even 800 miles depending upon the specific requirements and design.
What is the normal electric fuel cell charging time?
The fundamental difference between a fuel cell and a battery is that a fuel cell is an energy generation device whereas a battery is an energy storage device. A battery discharges over a period of time until it needs to be recharged. Rapid recharging of a battery often causes serious complications and as a result recharging a battery is a prolonged process. By contrast a fuel cell generates electricity immediately in the presence of its reactants. Once the formic acid is replenished the Forima fuel cell generates electricity instantly. As a result there is no protracted recharging or refueling time issue.
Would a Neah Power Fuel Cell make a car more expensive, less expensive or the same?
We like to think that a Neah Power Fuel Cell powered automobile would make a car less expensive on any number of measures including upfront cost, maintence costs, as well as total cost of ownership – however that would be an issue that would play out with the automotive manufacturers.
How quickly would Neah be able to provide a fuel cell for say a number one auto company like Toyota?
Neah Power has functional units in a variety of configurations that would be appropriate for automotive applications. The balance of system and integration of the fuel cell into the electronics would be a joint development process with the identified automobile company. As such, the successful approach is to characterize the fuel cell, have a specific application development program followed by production and product sales.
Is there an intense manufacturing process involved in scaling up production of fuel cells for automotive applications? What kind of infrastructure is required and what kind of jobs would result?
There is not an intense manufacturing process involved in scale up production of Neah Power Fuel Cells. The scaling of production is a matter of electronics assembly and plastics injection molding similar to that of other electronic assemblies,
The value proposition that Neah Power can offer is higher energy densities and lower costs, offering a safe and effective solution and eliminating range and power issues associated with electric vehicles. Neah Power becomes the enabler allow electric hybrid vehicles to go mainstream
Neah Power Systems Completes Asset Acquisition of Fuel Cell Business Enabling New Market Opportunities - See more at: http://globenewswire.com/news-release/2013/11/26/592572/10059508/en/Neah-Power-Systems-Completes-Asset-Acquisition-of-Fuel-Cell-Business-Enabling-New-Market-Opportunities.
Wonder where the Buzz cell is being made..??? Maybe this was the take over company maybe the deal still do able..
http://www.kachan.com/application/formic-acid-fuel-cell-company-eyeing-400-million-revenue-partner
Formic acid fuel cell company eyeing $400 million in revenue from partner
Fuel cell maker Tekion, recently restructured, is now partnering with a dominant battery manufacturer and world wide distributor and a new player in the backup power market. Its partners bring application OEMs, integration capability, large volume applications and distribution to deliver Tekion’s environmentally benign fuel to the world. With an addressable market over $1.3 billion in portable power alone, and a battery partner relationship it believes is worth $400 million in revenue, Tekion is seeking $9mm in working capital, with $4mm already committed by a lead investor.
Executive summary of company's business:
Today’s world is dependent on portable electronic devices. Electronic suppliers have been forced to develop more efficient components, and battery suppliers to constantly increase energy density. The limits of battery technology have become strained. Proton Exchange Membrane (PEM) fuel cells have long been considered an alternative. PEM fuel cells work best when pure hydrogen is used as the fuel. The commercialization barrier is how to carry the fuel.
Tekion, a recently restructured BC company, has developed and patented an economic and practical solution for this portable energy problem. Starting with a commodity chemical, formic acid, the company modifies and markets its product as Formira™.
The company has developed, demonstrated and is partnering with one of the worlds largest retail battery manufactures and distributors. The initial target market of this partnership is a small portable charger with the capacity to charge all portable electronic devices anywhere, anytime. Product launch is scheduled for 2nd half of 2012 followed by a series of applications which currently use “D” sized alkaline batteries.
According to an analysis by Tekion's battery partner, this fuel carries substantially more energy than any alkaline battery and they intend to price the cartridge accordingly. Under the terms of the definitive agreement the company intends to manufacture and sell the conversion component (reformer), license the cartridge design and supply the Formira fuel to their partner.
According to the company, this relationship will generate $400 million in revenue with a 50% anticipated gross margin. Using the same components the company has formed a relationship with a supplier of fuel cell systems for backup power systems in the telecommunications market. The range of product sizes would be from 500Watts to 3kWatts. The company would supply the reforming component and the partner will integrate into their product replacing T size hydrogen cylinders
http://www.gizmag.com/go/4828/
Our decision to invest in Tekion was motivated by its cutting-edge technology and experienced leadership in micro fuel cell development," said Warren Holtsberg, corporate vice president, equity investments and director of Motorola Ventures. "As mobile products have simultaneously miniaturized and increased in functionality, battery capacity has become a significant challenge. Tekion's non-flammable Formira fuel cell technology combined with an advanced battery technology, such as lithium ion, is a practical and efficient solution. Tekion's technology will help advance Motorola's vision of bringing seamless mobility to wireless users."
"With a common vision and focus on wireless devices, Motorola is the ideal strategic partner for Tekion," said Neil Huff, president and chief executive officer of Tekion. "Motorola's investment validates our business plan and further illustrates the need for improved power delivery solutions for mobile products. Our goal is to optimize Formira fuel cell technology for portable electronic devices and to provide end-users with greater flexibility and convenience."
According to Dr. Chris D'Couto, Neah Power's CEO and the featured guest in the interview below, a five kilowatt hour fuel cell running off a tank of liquid formic acid would be configured to trickle charge an electric vehicle's battery, allowing it, like the gasoline engine generator in the BMW i3 REx, to offer extended range capability. Unlike the i3 REx, the only tailpipe emission would be water vapor and CO2
http://evworld.com/focus.cfm?cid=240
Engine technology applied to existing PHEVs is derived from small conventional production gasoline engines, but highly specialized APUs for BEVxs may eventually spin off and evolve in completely different directions. Future BEVxs with highly specialized engine and fuel technologies could be optimized to drive cost, weight, size, and emissions down and make these specialized BEVx APUs suitable for more affordable and therefore more widespread application. Lotus Engineering and other automotive design firms have been developing hybrid-specific APUs and have several unique concepts under development already.
—ZEV ISOR
California’s new ZEV rule introduces the BEVx; ARB staff expects these vehicles to play a longer-term role than plug-in hybrids
On Friday 27 January, the California Air Resources Board (ARB) adopted the new Advanced Clean Cars (ACC) package that sets out the regulatory emissions and technology requirements for light-duty automobiles through model year 2025. (Earlier post.) The Zero Emission Vehicle (ZEV) regulation—one of the three main regulatory packages that constitute ACC—introduces a new regulatory vehicle category: the BEVx, or a battery-electric vehicle with a small “limp-home” range extending engine or APU (auxiliary power unit)—i.e., not a series-hybrid type vehicle such as the Chevrolet Volt equipped with a full-capability engine.
Under the ACC, ARB will award BEVx credits on the same basis as BEVs—i.e., on zero-emission miles (the simplified ZEV credit scheme under the ACC is a linear one based on those zero-emission miles). BEVx vehicles can provide up to 50% of the pure ZEV requirement for manufacturers, and so they may emerge as a significant vehicle type.
In the Initial Statement of Reasons (ISOR) published prior to the Board meeting, ARB staff noted that “some manufacturers” proposed this new class of advanced vehicles for separate treatment as part of the ZEV program. (During the public hearing on the ACC rule package, comments from ARB staff and the Board indicated that BMW was particularly interested in this classification.)
The potential for adding a fuel cell range extender to a commercial BEV to make that vehicle platform more viable.
http://www.greencarcongress.com/2014/07/20140704-doe.html
DOE seeking input on commercialization of fuel cells as range extenders for battery-electric vehicles
he US Department of Energy (DOE) has issued a Request for Information (RFI) (DE-FOA-0001145) to solicit feedback from industry, academia, research laboratories, government agencies, and other stakeholders on issues related to the technical and economic feasibility of commercializing fuel cell range extenders for available battery-electric vehicles (BEVs) in the US market.
DOE’s office of Energy Efficiency & Renewable Energy (EERE) is specifically interested in information on BEV makes and models where an after-market modification to extend the vehicle range using a Polymer Electrolyte Membrane (PEM) fuel cell system would be most feasible.
The RFI is seeking input on a number of questions, including:
The business case (including capital/operating cost reductions) for using prime battery propulsion with fuel cell range extenders for light-duty vans or delivery vehicles used to deliver parcels, to dispatch service technicians, or to shuttle individuals or small groups of people within service territories.
Potential vehicle technical performance improvements for an on-board PEM fuel cell range extender supporting prime battery propulsion, e.g., battery durability, productivity improvements (e.g. low downtime for refueling), or vehicle torque.
The potential increase in fleet customers, given an increase in electric range.
Potential for reductions in manufacturing cost, weight, and volume of the electric drivetrain by reducing the size of the battery and offsetting with the PEM fuel cell and energy storage.
Neah’s technology enables the use of a liquid, safe fuel(formic acid) for grid scale and automotive applications without the associated costs of a dedicated hydrogen generation plant or the safety and handling issues associated with the use of compressed hydrogen, especially for automotive applications.
http://neahpower.com/pdfs/Neah-Power-Formic-Acid-Reformer-White-Paper.pdf
The general consensus in the car industry is that 2015-2017 will be the tipping point for Fuel Cell vehicles.
http://www.symbiofcell.com/sol-re2.html
The approach to residential car fuel systems is cost driven. It uses a maximum number of off-the-shelf components that are complemented by in-house DFM elements. This volume-based model allows SymbioFCell to limit the impact of the component cost and reduce overall manufacturing costs by 20 %. The general consensus in the car industry is that 2015-2017 will be the tipping point for Fuel Cell vehicles.
Re: DRDO
in response to DRDO by neahpowerinvestor
posted on Oct 20, 14 03:55PM (Log in to use the IP Check tool) [?]
NPI,
Management provided the following response to your inquiry.
The dates of the testing has been finalized for Nov 5 – Dec 5 2014. We have a team leaving for India early Nov.
Kind regards,
AGORACOM
Proof of Concept Question of Scale...fairly good update...and larger picture...
Powering the Future on Ant Venom - Part 1
An independent group valued the company’s fuel cell IP
in the range of $800 million to $1.6 billion, but we scaled
this back using conservative assumptions to a range of
$46.9 million to $117.7 million. That same research group
estimates that stationary fuel cell markets will grow from
$1.2 billion in 2013 to $14.3 billion in 2020.
Having established the vast target markets that are available to Neah Power, the harsh reality is that
Neah Power is a small company, undercapitalized and must nurture its resources wisely. To that end, the
company is focusing on several commercial opportunities that offer the promise of establishing a firm
foundation from which further growth can occur. The scalability of the company’s technology is virtually
self evident from the target markets identified earlier in this report.
The Military Markets - A Small But Very Important Sub-Group
Market analysis firm Frost & Sullivan projects steady growth in the military battery market, with earned
revenues reaching $2.6 billion in 2017. The military battery market had earned revenues of roughly $2
billion in 2012. This area is of particular interest to Neah Power
http://consiliumglobalresearch.com/consilium_PDFs/NPWZ_Initiation_9-10-2014.pdf
Check back September 16 th for an exciting announcement!
Check back September 11 for an exciting announcement!
How much power can the BuzzCell produce? What is the fuel?
The BuzzCell is being designed to accept fuel catridges which will produce about 7.5Wh of energy. Two catridges will fully charge the BuzzBar. The fuel is formic acid.
http://buzzbarsuite.com/faqs/
http://buzzbarsuite.com/coming-soon/
http://buzzbarsuite.wpengine.com/wp-content/uploads/2014/07/parts.jpg
The product of the process, formic acid, is naturally found in ant venom and currently used as a preservative, an antibacterial agent for livestock feed, and for producing formate salt, which is used for de-icing airport runways. But it also holds the exciting potential to store energy within the fuel cells that produce
Read more: Scientists Create Solar Powered Fuel Cells for Capturing Carbon | Inhabitat - Sustainable Design Innovation, Eco Architecture, Green Building
Powered Fuel Cells for Capturing and Converting Carbon
by Colin Payne, 07/07/14
filed under: News, Renewable Energy, Solar Power
he cells used to convert the carbon dioxide are made up of channels that carry liquid surrounded by metal plates the size of old-school rectangular lunchboxes, and are made from easily sourced parts. The researchers used a process called impedance matching to balance the power generated by the solar panel with the amount of power that the cell could handle, to create optimal efficiency for the system. Gizmag reports that this allowed for an energy efficiency of 2 percent through stacking three of the cells together – totaling twice the efficiency of natural photosynthesis and the best energy efficiency yet by a human-made device. The process is similar to the artificial photosynthesis system developed by Panasonic, but works with 10 times the efficiency of the Panasonic system, which has peaked at 0.2 percent efficiency.
Read more: Scientists Create Solar Powered Fuel Cells for Capturing Carbon | Inhabitat - Sustainable Design Innovation, Eco Architecture, Green Building
Clean technology researchers just killed two birds with one stone by coming up with a new way to capture carbon dioxide and turn it into useful chemical compound via solar energy. In collaboration with New Jersey-based startup, Liquid Light Inc., Princeton University scientists have been able to turn a combination of carbon dioxide and water into formic acid using an electrochemical cell that’s fully powered by solar energy from local utility provider, Public Service Electric and Gas (PSE&G).
Read more: Scientists Create Solar Powered Fuel Cells for Capturing Carbon | Inhabitat - Sustainable Design Innovation, Eco Architecture, Green Building
fuel-cell vehicles look like a plausible alternative to conventional cars
http://www.technologyreview.com/news/516711/why-toyota-and-gm-are-pushing-fuel-cell-cars-to-market/
Why Toyota and GM Are Pushing Fuel-Cell Cars to Market
Falling costs are making fuel-cell vehicles look like a plausible alternative to conventional cars.
By Kevin Bullis on July 5, 2013
WHY IT MATTERS
So far, no low-carbon vehicle technology is ready to replace gas-powered cars on a large scale.
Toyota fuel cell vehicle
Pricey prototype: Toyota says it’s about to come out with a fuel-cell vehicle that cost one-twentieth as much as this test vehicle.
Hydrogen-powered vehicles have been out of the spotlight for years, but they’re about to make a surprising comeback. Toyota says it will unveil a hydrogen fuel-cell-powered sedan later this year that will go on sale in 2015; several other automakers, meanwhile, have announced partnerships to commercialize the technology (see “Ford, Daimler, and Nissan Commit to Fuel Cells”), including GM and Honda, which announced such a collaboration this week.
While many challenges remain for hydrogen vehicles, in recent years researchers have made big improvements in the oft-maligned technology, including greatly lowering its cost. As a result, fuel-cell vehicles look poised to play a significant role in meeting ambitious vehicle emissions regulations, particularly in places such as California.
“GM, Toyota, and a couple of other automakers have done a lot of great work. Fuel cells are getting close to being viable, closer than most people might think,” says Brett Smith, co-director for manufacturing, engineering, and technology at the Center for Automotive Research, a nonprofit in Ann Arbor, Michigan.
Fuel-cell vehicles were once the darling of the Bush administration—President Bush called for $1.2 billion in funding for the technology in his 2003 State of the Union address. They emit only water vapor and could be as convenient as conventional cars, since they can be refueled in the time it takes to fill a gas tank and have a similar driving range. But fuel-cell vehicles proved extremely expensive, and would require a massive investment in hydrogen filling stations to be practical. There have also been questions about just how environmentally friendly hydrogen fuel-cell vehicles actually are: while the cars themselves don’t emit carbon dioxide, hydrogen is produced from natural gas, a fossil fuel, in a process that releases large amounts of carbon dioxide. Hydrogen can also be made using solar and wind power, but that process is inefficient and expensive.
As the challenges with the technology became more apparent, interest waned (see “Hype about Hydrogen”), and Bush started emphasizing biofuels instead. In 2009, the Obama administration cut funding for fuel-cell vehicle R&D. The energy secretary at the time, Steven Chu, said it would take a miracle for fuel-cell vehicles to succeed. (Actually, he said it would take four. See “Q&A: Steven Chu.”)
But miracles do happen. Since 2009, the costs involved with fuel-cell vehicles have fallen. The prototypes that GM and Toyota built a few years ago cost well over $1 million each. Now Toyota says its goal is to sell its fuel-cell sedan for less than $100,000. Costs fell as Toyota found ways to reduce the number of parts in its fuel-cell system and to decrease the amount of costly platinum needed. The company says it’s pushing hard on R&D for manufacturing technology, among other things, to lower costs still more ahead of the 2015 launch.
Chris Hostetter, vice president of strategic planning at Toyota Motor Sales, U.S.A, says the sedan might go for as little as $50,000, which would make it cheaper than Tesla’s Model S electric vehicle, which has a similar range (other electric vehicles are cheaper, but require frequent recharging). “We may surprise people with the advances we’ve made,” Hostetter says.
“Costs have come down at a pretty steady rate,” says Daniel Sperling, director of the Institute for Transportation Studies at the University of California at Davis and a member of California’s Air Resources Board, which oversees vehicle emissions regulations. “Most people in the auto industry think that, once in large-scale production, cost won’t be a barrier.”
A careful look at the emissions of competing technologies such as electric vehicle and conventional cars shows that fuel-cell cars have significant environmental benefits, even when the hydrogen is made from natural gas. In May, the U.S. Department of Energy released its most recent analysis of the expected total carbon dioxide emissions from fuel-cell vehicles in 2035, including the emissions associated with making hydrogen from natural gas, compressing it, and transporting it. The analysis shows that the cars will emit less than half as much carbon dioxide as conventional gasoline-powered vehicles do now. They would also release less carbon dioxide than electric vehicles when electric vehicles are charged in parts of the U.S. that rely heavily on coal power. However, electric vehicles look better in places like California—which uses little coal—and in a hypothetical future when they’re charged exclusively with sources such as wind and solar power.
Fuel-cell vehicles could also be a boon to renewable energy by helping to address their intermittency. One option being considered in Germany is to use excess wind power generated at night, when demand is low, to electrolyze water, making hydrogen (see “Hydrogen Could Be Key to Germany’s Energy Plans”). Sperling says using hydrogen as a way to store excess renewable energy makes sense. He also notes that there are other promising routes to low-carbon hydrogen production in development, such as engineering plants to produce hydrogen from sunlight directly, although those are in early stages of development.
But the biggest challenge to fuel-cell vehicles remains a lack of hydrogen filling stations. Unlike electric vehicles, which can be recharged at home, hydrogen vehicles will require a network of filling stations. Some suggest that even a few filling stations in a city would be enough to encourage people to buy the vehicles, but Smith is skeptical. If there were only four filling stations in city, he says, drivers may need to go 10 to 15 minutes out of their way to fill up. “I’m not going to do that when I know there’s a gas station on every corner,” he says.
Automakers are well aware of this potential stumbling block. Toyota is currently working with governments and businesses in an effort to get more hydrogen fueling stations installed before it starts selling its fuel-cell vehicles. “Infrastructure is something we’re anxious about,” Hostetter says.
(that’s where formate comes in)
Quick refueling, 400 mile range, clean quiet engine. Cons: Storage
http://ultraphyte.com/2014/01/02/hydrogen-car-for-you/
What better way to start the New Year than with a new hydrogen car. From Toyota to Mercedes, they’re getting into the act. As we just discussed, hydrogen is a clean-burning fuel; and it counts as “green” if it comes from a clean source.
Right now the trouble is, most hydrogen comes from burning stuff that emits CO2. But instead we could use solar to split water, releasing H2 and O2. Meanwhile, hydrogen is safer than most people think. Hindenburg to the contrary, the amount of H2 gas in a car’s tank would dissipate too fast to cause the kind of of fire from burning gasoline. Some pros and cons here: Quick refueling, 400 mile range, clean quiet engine. Cons: Storage (that’s where formate comes in) and the uncertain costs of obtaining H2 large scale. But that’s where purple bacteria come in! Bacteria that drink sunlight and put out hydrogen.
Neah Power Systems pitching on-board formic acid reforming for automotive hydrogen fuel cell applications
9 June 2014
Neah Power Systems, Inc. is in preliminary discussions with a fuel cell company to license formic acid reforming technology for certain grid scale applications, and is also identifying appropriate automotive partners for the technology, opening up new Served Available Markets (SAM) that are very significant, according to CEO Chris D’Couto. The company recently published a white paper discussing its patent pending technology.
Neah presently offers four sizes of reformers for hydrogen fuel cells in 5W, 10W, 50W, and 100W configurations for demonstration purposes. The reformer system is designed to provide a sufficient amount of hydrogen to a fuel cell system that uses hydrogen gas as a fuel. The fuel tank is adjustable to the energy, or run-time required. Other power ranges and form factors can be made available in customized configurations as well, the company said.
Neah’s reformers use twin pumps: one pump supplies the proper amount of formic acid for H2 production as reformate, while the other supplies fuel to the catalytic burner to provide a continuous heat supply to the reformer, through a heat exchanger.
After exiting the heat exchanger, the reformate is mixed with a small amount of air and passed through a preferential oxidation (PrOx) reactor to remove trace carbon monoxide (CO) content to less than 1ppm. The reformate is then passed to a fuel cell stack to produce electric power, with anode off-gases being vented to the atmosphere. The air supply for the catalytic burner is provided by a small blower.
The hydrogen produced can then be used by a variety of fuel cell types – solid oxide fuel cells (SOFC), proton exchange membrane (PEM), etc. for either grid scale power or automotive power.
Liquid Fuel Generated from Solar Energy (for Neah power now its a matter of scaling up or down...
http://cleedix.blogspot.com/2014/09/the-gospel-of-solar-energy-how-solar.html
One form of liquid fuel that can be generated by cracking water into hydrogen and combining it with atmospheric carbon dioxide is formic acid. When consumed, formic acid is either transformed back into hydrogen or used directly in a fuel cell to produce electricity that can be used in an electric car (or electric jet) or generator. Like gasoline, it can be transported in pipes and tankers and could be fed into cars or generators. Also like gasoline, its main waste products are water and carbon dioxide, but without gasoline’s particulate matter and noxious gases. In addition, formic acid is produced by combining hydrogen (generated from electrolysis of water) with atmospheric carbon dioxide. Therefore, no additional carbon dioxide is released when it is combusted. Formic acid is less flammable and arguably safer to transport than gasoline. (It is certainly more energy dense and easier to transport than hydrogen gas.)
Formic acid can be generated by mixing hydrogen (obtained through electrolysis of water through solar energy) and atmospheric carbon dioxide or through a bioreactor fed by biomass. Formic acid can then be fed into fuel cells to power cars or electronics.
Using either formic acid or flow batteries, one can imagine a system where each house or business has a large enough battery to last for a few days or even a week. The batteries would be charged by connecting them to local solar arrays on or around the building. If the batteries cannot keep up with the demand of the building, the battery would contact a smart grid and request electricity to recharge its battery. Because of the large reserves of energy in the battery, large, municipal and state power plants could provide electricity when it is most convenient. There might even be industries that could pop up where local producers of electricity could offer to recharge your electrolyte, or provide formic acid cheaper than electricity from the grid.
bacterial-formic-acid-the-new-fuel, nice graphic on website
http://ultraphyte.com/2013/12/30/bacterial-formic-acid-the-new-fuel/
The most underreported science story of the year, in Ultraphyte’s opinion: Bacteria hydrogenate CO2 and CO to make formic acid, a pure storable fuel that is interconvertable with hydrogen gas.
Hydrogen gas, H2, has long been a dream for the world’s cleanest fuel. Hydrogen could power houses and autos, and propel lightcraft from Earth. But hydrogen is also the world’s lightest gas, easily escaping confinement. Storage requires high pressure and/or low temperature.
So how do bacteria manage? In natural environments, such as the soil or the human intestine, bacteria release hydrogen gas as a byproduct, while others consume it. Much of intestinal hydrogen seeps out through our tissues; our bodies are essentially hydrogen balloons. To fix hydrogen quickly, microbes attach it to CO2, making either methane (methanogens) or formic acid (bacteria such as E. coli; a metabolism important to our lab, interacting with cell pH).
F1.large
Now, German researchers report a new bacterial way to interconvert H2 and formic acid. The bacterium Acetobacterium woodii performs this reaction cleanly, with a single enzyme, hydrogen-dependent CO2 reductase (HDCR). The enzyme acts without requiring cofactors that complicate the reaction. When purified, its activity depends solely on reactant pressure and concentration; it can be adjusted to interconvert H2 and HCOOH readily.
But the bacterium itself turns out to be the cleanest interconverter. The researchers found a simple way to halt bacterial growth and direct all activity to making formic acid. Biomass growth is halted by removing sodium ion. So, bacterium added to H2 and CO2 makes formic acid–which can then fill a tank.
Formira as it’s fuel ?
We have been working with a university in Vancouver, British Columbia to continue development and testing of these technologies, and have made tremendous progress. These assets effectively include two product families -- the direct formic fuel cell (BuzzCell) and the reformer based technology (Formira™). We are in early stage discussions regarding licensing the Formira technology with a fuel cell company, and an automotive company is reviewing our capabilities. These exciting, longer term opportunities require us to travel frequently to Vancouver to ensure continued progress.
Neah Power Systems Inc. Shareholder Letter
Marketwired Neah Power Systems, Inc.
August 1, 2014 12:00 PM
Our first commercially available fuel cell technology will be our direct formic acid fuel cell using Formira as it’s fuel. Formira is our brand name for a specialized formic acid.
At Tekion, our engineering analysis has shown that one type of fuel cell technology will not satisfy all the different portable power application requirements. For example, small portable electronics like mobile phones require a certain amount of power (usually 3 watts) which must fit within a cavity of approximately 10cc to 30cc. In order for a fuel cell technology to accomplish this, it must have the capability of operating at a high power density. Out of all the direct fuel micro fuel cells, (fuel cells which do not require hydrogen to operate) the direct formic acid fuel cell technology has demonstrated the highest power density.
As a result of this unique characteristic the engineers at our U.S. subsidiary, Renew Power, were able to integrate this fuel cell into a mobile phone utilizing the same space used for the battery. This was the world’s first fuel cell inside a mobile phone. These same engineers also made a direct formic acid fuel cell the size of a penny and demonstrated it powering a fan. Our product family for the direct formic acid fuel cell technology will range from milliwatts for sensors to 3 – 5 watts for mobile phones.
Tekion - Off the grid.
www.tekion.com
Lots of Information from 2009 when stock hit .20 finally applies from yahoo message board
Product is scalable, trickle feed range extender for car batteries with compatability with solar cells
We anticipate the full site to launch on or around Dec 16 2013.
Test launch of highly anticipated BuzzBar TM website provides important consumer feedback.
anticipated in time for Holiday shoppers.
BOTHELL, Wash., December 5, 2013
Neah Power Systems, Inc., (OTCBB: NPWZ ) http://www.neahpower.com , a provider of power solutions using proprietary, award winning
technology for the military, transportation, and portable electronics markets using the PowerChip® and BuzzBar TM technologies, announced
today that the Company successfully completed a test of the BuzzBar commercial website during the week of November 26, 2013. The site was
sent to a list of participants under non-disclosure agreements with the Company for review and feedback.
“We are pleased with the positive responses we received from the test launch” said Dr. Chris D’Couto, CEO of Neah Power Systems. “This
transition to commercialization with direct-to-consumer orders is a momentous event for the Company, and the feedback was invaluable for
improving and fine-tuning the online marketing and user experience. We anticipate the full site to launch on or around Dec 16 2013.
The BuzzBar is a new disruptive product that enables off-the-grid recharging of mobile consumer electronics using proprietary fuel cell
technology—without the limitations of existing battery rechargers.
-###-
About Neah Power
Neah Power Systems, Inc., (NPWZ.OB) is an innovator of cutting-edge power solutions for the military
http://b2i.api.edgar-online.com/EFX_dll/EdgarPro.dll?FetchFilingConvPDF1?SessionID=QGM563kQWf5Zo-9&ID=9646762
ONRThe U.S. Naval Research Laboratory said it has successfully launched an unmanned electric fuel cell aircraft from a submerged submarine.
The NRL said its unmanned system, known as eXperimental Fuel Cell Unmanned Aerial System, was fired from the USS Providence using the sub's torpedo tube and the Navy's 'Sea Robin' launch vehicle system. The Sea Robin launch system was designed to fit within an empty launch canister used for firing Tomahawk cruise missiles.
http://www.networkworld.com/community/blog/navy-blasts-drone-submerged-sub?source=nww_rss
Washington
Neah Power Systems, Inc. (Bothell) received a purchase order for one of its 25-Watt Powerchip® fuel cells
from a Fortune 110, U.S.-based defense supplier. The defense supplier is exploring the use of fuel cells for a
range of applications including soldier power, remote power stations, and unmanned underwater and aerial
vehicles
http://www1.eere.energy.gov/hydrogenandfuelcells/pdfs/state_of_the_states_2013.pdf
Resolute would advance $7-million in interim funding, with rights to obtain security on a limited recourse basis, as a means of supporting the Bibiani assets, pending the approval of the scheme of arrangement, which was currently progressing in Ghana.
That is interesting what could you do with 7 million dollars on an interim basis...LOL
http://miningweekly.com/article/noble-takes-over-bibiani-from-collapsed-resolute-2013-12-02
PERTH (miningweekly.com) – Gold miner Resolute Mining has executed its proposed deed of company arrangement with fellow ASX-listed Noble Mineral Resources, effectively giving the miner ownership of the Bibiani gold project, in Ghana.
The deed of company arrangement was signed after Noble creditors approved the transaction in November.
“Following approval of our proposal by Noble creditors, we are pleased to have swiftly moved to execution of the deed of company arrangement, and to have established interim funding arrangements to facilitate a viable way forward for both creditors and the Bibiani project,” said Resolute CEO Peter Sullivan.
Resolute would now take full ownership and become the operator of Bibiani, providing interim funding to maintain the project as a mechanism to support the existing schemes of arrangements regarding Noble’s Ghanaian subsidiaries.
Noble would retain ownership of its gold concessions outside Bibiani in the form of exploration licences at Cape Three Points and Nakroba. The two licences would be offered for sale, with the realised proceeds to be distributed to creditors other than the trustee for Noble’s convertible noteholders.
In addition, the existing cash balance of Noble would also be distributed pro-rata, to the entitlement of all Noble’s creditors, including the trustee for the noteholders.
Sullivan noted that Resolute would advance $7-million in interim funding, with rights to obtain security on a limited recourse basis, as a means of supporting the Bibiani assets, pending the approval of the scheme of arrangement, which was currently progressing in Ghana.
With the signing of the deed of company arrangement and the interim funding in place, two of the key conditions precedent to implement the deed of company arrangement, had been satisfied.
Sullivan said that Resolute was continuing to work with the Ghanaian government for consent to the transfer of the Bibiani mining licence, and if required, approval of the scheme of arrangement by creditors and the High Court of Ghana.
The outstanding conditions were likely to be satisfied or waived by the end of March next year.
Noble fell into administration in September after it was unable to pay A$4.8-million debt to one-time corporate adviser Rothschild Australia.
Edited by: Mariaan Webb
b] underwater unmanned vehicle, unmanned aerial vehicle avenues.[
FC unmanned aircraft was developed by the NRL in less than six years from initial concept to current stage.
Those that have been here a long time might think this is about the right time frame...
Today, the US Naval Research Laboratory (NRL) announced that it had successfully launched a drone from a submerged submarine. The all-electric eXperimental Fuel Cell Unmanned Aerial System (XFC) was launched in the Bahamas from the Los Angeles-class nuclear-powered attack submarine USS Providence (SSN 719) using a system that allowed the drone to be deployed without modifications to the boat, or requiring it to surface.
FC unmanned aircraft was developed by the NRL in less than six years from initial concept to current stage.The X It’s all electric and powered by a fuel cell that allows it to stay aloft for more than six hours. According the the NRL, the UAV is relatively low cost, flies at low altitude, and is designed for Intelligence Surveillance and Reconnaissance (ISR) missions. The craft has folding wings and is designed to be launched from a pickup truck or small surface vessel.
For the submarine test, the XFC was placed inside of a “Sea Robin” launch vehicle. The Sea Robin fits inside of a standard vertical Tomahawk missile launch tube, such as those aboard the USS Providence. After launching, the Sea Robin rose to the surface and took on the appearance of a spar buoy.
After the Sea Robin opened, the XFC used its electrically-assisted take-off system to raise itself vertically out of the container, and after reaching operating speed and altitude unfolded its wings for horizontal flight. The XFC flew for several hours as it beamed back a video feed to the Providence.
It then returned to the submarine and its surface support vessels before landing at the Naval Sea Systems Command Atlantic Undersea Test and Evaluation Center (AUTEC), on Andros Island in the Bahamas.
Source: US Naval Research Laboratory
http://www.gizmag.com/submarine-uav-launch/30027/?
utm_source=Gizmag+Subscribers&utm_campaign=e3d7350725-UA-2235360-4&utm_medium=email&utm_term=0_65b67362bd-e3d7350725-91332357
I think where I see the company in three to five years, we see a lot of adoption in the defense space and deployment of products as we discussed earlier in the underwater unmanned vehicle, unmanned aerial vehicle avenues. These are very off-grid type applications, remote monitoring stations, etc. The consumer product, we expect that to be a significant part of our business, the Buzz Bar product. We are also looking at potentially bringing out products that would serve as backup power, fuel-cell-based products that would serve as backup power for home applications.
http://finance.yahoo.com/news/wall-street-transcript-interview-gerard-175100768.html
Yes it goes with this, so I guess you can source (in Africa) if you have a CIL plant next door....
There is an expected 6 month wait time between placing the order of the In-line leach reactor (made by Gekko in Australia) and receiving the equipment. In the interim, we intend to use a CIL reactor and additional equipment (sourced in Africa) to work the tailings & waste dump. Processing of the tailings & waste pile will occur within 3 months of raising capital and then shifted to the main ore body as further equipment arrives & is set up. The mining equipment to be acquired includes (i) heavy equipment, such as bulldozers and excavators, (ii) crushing and grinding equipment, (iii) gravity recovery equipment, (iv) assorted vehicles, (envy) generators, (vi) pumps, and (vii) a cam
And the men behind this data are now running the newfoundland mining section.....so they and the USGS is in on the scam..LOL
USGS Felsic volcanogenic massive sulfide deposit, 14 of 40
Other Handicamp Links and Information.
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
USGS Felsic volcanogenic massive sulfide deposit, 14 of 40 in Newfoundland province (in Canada)
VSM sites in Newfoundland http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
Discovery date 1928
Tonnage 2.27
Copper grade 2.62
Zinc grade 0
Lead grade 0
Gold grade 13.4
Silver grade 56.0
USGS got that data from quote "References Canada Department of Energy, Mines and Resources, 1980, Canadian mineral deposits not being mined in 1980: Mineral Policy Sector Internal Report MRI 80/7, 294 p.
Geological Survey of Canada, 1967, Geology Island of Newfoundland: Map 1231A, scale 1:1,000,000.
Stephens, M.B., Swinden, H.S., and Slack, J.F., 1984, Correlation of massive sulfide deposits in the Appalachian-Caledonian orogen on the basis of paleotectonic setting: Economic Geology, v. 79, no. 7, p. 1442-1478.
Notice the Tulks Belt Deposit label above the Handcamp label on the lower Triangel
John Hinchey is mentioned below....Jim Hinchey was on the drill rigs and signature
on the Falconbridge reports...see note 7 Bathurst # 12 well that was studied by
David Lentz..... David Lentz was the moderator at the Gaint Ore Deposit Seminar in Aus...
Noble is not the major any more, its clearly been taken over....
Resolute is in charge and the old player sre gone...
It is understood also that a number of Canadian companies, as well as several former directors of a recently acquired Australian miner, have been eyeing Noble as a possible target.
And another West African gold play, Perseus Mining, has reportedly been considering a bid for Noble as the next leg in its growth.
Perseus's Central Ashanti gold project in Ghana is just months from its maiden production, and after having long been touted as a likely acquisition target, Perseus appears to be looking at potential acquisitions of its own.
Noble, which is capitalised at about $230m and is, incidentally, chaired by Tunku Naquiyuddin, the son of Malaysia's former king, owns the 1.98 million ounce Bibiani gold project.
- See more at: http://www.theaustralian.com.au/business/opinion/wealthy-family-buys-into-noble-mineral-resources/story-e6frg9if-1226069769146#sthash.U8yAp44a.dpuf
make the BVIG shell a bit attractive all by themselves.
That was historical hankie-pankies by the previous controllers of BVIG. A history of even more ridiculous stock games before they even heard of Ken Stead. The tax losses did, however, make the BVIG shell a bit attractive all by themselves.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=7454035
Home you remember all the posting about the tailings being worth and no one makes money on tailings...well it seems you can if the tailings are in the right place....
http://www.dailyguideghana.com/?p=97486
It was also ordered to pay GH¢50,000 in costs for receiving, processing and selling gold tailings supplied to it by the plaintiff, Riasand Ventures Limited, a private company.
The Accra Fast Track High Court has awarded a $730,252.30 judgement against Noble Gold Bibiani Limited, an Australian mining company, for breach of contract
Historical Short Selling Data For KATX
Date VolShorted High Low Close Chg ShortVol RegularVol
Mar 21 59.40% NA NA NA NA 146,311 246,311
Mar 19 19.01% 0.00 0.00 0.00 NA 392,110 2,063,110
Mar 18 38.56% 0.00 0.00 0.00 NA 415,555 1,077,555
Mar 15 100.00% 0.00 0.00 0.00 NA 388,889 388,889
Historical Short Selling Data For BVIG
Date VolShorted High Low Close Chg ShortVol RegularVol
Mar 21 40.37% NA NA NA NA 620,599 1,537,272
Mar 19 35.11% 0.00 0.00 0.00 NA 829,322 2,362,280
Mar 18 0% 0.00 0.00 0.00 NA 0 264,900
Mar 15 0% 0.00 0.00 0.00 NA 0 526,600
Mar 14 19.00% 0.00 0.00 0.00 NA 169,108 890,106
Mar 13 13.78% 0.00 0.00 0.00 NA 79,813 579,201
Mar 12 21.64% 0.01 0.00 0.00 -100.00% 929,367 4,294,715
Mar 11 27.62% 0.01 0.00 0.01 0.00% 40,000 144,828
Mar 08 0% 0.01 0.01 0.01 0.00% 0 137,500
Mar 07 22.22% 0.01 0.01 0.01 0.00% 11,000 49,500
Mar 06 7.69% 0.01 0.01 0.01 0.00% 44,400 577,299
Mar 05 2.04% 0.05 0.01 0.01 -85.71% 20,000 978,600
http://otcshortreport.com/index.php?index=BVIG&action=view
Correct so how did Ken end up own all those shares if he has been selling them by the millions as some have posted on this board
SEMS did the prelim work on Noble as well as the site next to the New Ghana Claim....Paul Abbott wrote reports on both...not bad work for a Carpenter from Newfoundland..LOL
Sure is interesting that SEMS and AngloGold Ashanti Paulson BAC and Paul Abbott are linked to Noble, pretty good for a pinkie Geo...LOL...
SEMS has been active in exploration, mineral resource estimations, and mining studies in Ghana for the last eight years. The team includes the former Chief Geologist for AngloGold Ashanti at the nearby Obuasi gold mine (underground production of circa 400,000 oz Au per year). In this capacity, their personnel were a part of the technical team involved in the previous development and mining at Kubi by Ashanti Goldfields and subsequently AngloGold Ashanti, from 1999 thru 2005.
The 513 Zone is located on the altered eastern margin of the Ashanti shear which hosts the AngloGold Ashanti Obuasi mine (pre-mining 60 million ounce resource) located ~10 km to the north of the Kubi Gold project. These drill results, on the Ashanti shear structure, are considered to be very encouraging given that drilling by previous operators was primarily focused to the east on the sub-parallel Kubi shear zone that hosts the Kubi Main gold deposit, and as a result the Ashanti structure has only been superficially explored to date. Recent airborne geophysical surveys have clearly outlined the location and interpreted alteration associated with the Ashanti shear zone. Additional drilling to determine the economic significance of this discovery, and auger drilling to extend the prospective zone a further 4 km south to the Offin River where extensive alluvial gold dredging operations have operated in the past, will commence in the New Year.
Scientific and technical information relating to the Kubi gold project resource estimate has been reviewed and approved by Simon E. Meadows Smith, BSc Geology, Managing Director of SEMS Exploration Services Ltd., who is a "qualified person" within the meaning of NI 43-101. All other scientific and technical information, including the Kubi gold project exploration update, has been reviewed and approved by Douglas R. MacQuarrie, P.Geo. (B.C.), the President and CEO of the Company, who is a "qualified person" under NI 43-101.
The 513 Zone is located on the altered eastern margin of the Ashanti shear which hosts the AngloGold Ashanti Obuasi mine (pre-mining 60 million ounce resource) located ~10 km to the north of the Kubi Gold project. These drill results, on the Ashanti shear structure, are considered to be very encouraging given that drilling by previous operators was primarily focused to the east on the sub-parallel Kubi shear zone that hosts the Kubi Main gold deposit, and as a result the Ashanti structure has only been superficially explored to date. Recent airborne geophysical surveys have clearly outlined the location and interpreted alteration associated with the Ashanti shear zone. Additional drilling to determine the economic significance of this discovery, and auger drilling to extend the prospective zone a further 4 km south to the Offin River where extensive alluvial gold dredging operations have operated in the past, will commence in the New Year.
Scientific and technical information relating to the Kubi gold project resource estimate has been reviewed and approved by Simon E. Meadows Smith, BSc Geology, Managing Director of SEMS Exploration Services Ltd., who is a "qualified person" within the meaning of NI 43-101. All other scientific and technical information, including the Kubi gold project exploration update, has been reviewed and approved by Douglas R. MacQuarrie, P.Geo. (B.C.), the President and CEO of the Company, who is a "qualified person" under NI 43-101.
Field work was supervised by Paul Abbott MSc., Consulting Geologist. HQ, and NQ core was logged, sawn and sampled on site MSc., Consulting Geologist. HQ, and NQ core was logged, sawn and sampled on site, with half samples sent to SGS Laboratory in Tarkw
http://www.pmigoldcorp.com/s/Ashanti.asp
So an exploration company had no money, now the mining company has stock, mostly Ken and Tim, a little good news they sell a little stock...thats the way this works....then they have money LOL now they have a 85 sq km claim to work on...and equipment mostly on the way...
we intend to use a CIL reactor and additional equipment (sourced in Africa) just not going to use where everyone thinks...
In case you did not follow or understand what is going on with the site as you should consider...as this is key to months of your postings..some hear simply did not understand what or how thing were proceeding......what happen if the Ekom EYA get taken over by Noble, could happen they need to run material through the plant and the Ekom EYA has the tailing ready to go...
So what happens to all the equipment Ken has ordered...must have some place to go Seems like the plan to me the whole time
The EKOM EYA road goes right to the CIL plant...
So what does Ken need the equipment for does he have another claim ready to go.... Yes I guess so....LOL...
http://www.sec.gov/Archives/edgar/data/1412126/000139390512000669/bvig_s1a6.htm
Operational Rollout
We are seeking up to $7.3 million in financing to purchase equipment and for working capital to launch the Ekom Eya mining operation project. This will provide capital to begin production as well as assess and implement the working on the balance of Ekom Eya Mining Operation's deposit. Please see the section entitled “Management’s Discussion and Analysis of Operations -- Plan of Operations” for a more complete description.
Our budget, assuming the requisite financing is raised, would allow us to go into production on the tailings & waste dump as well as locate & purchase good equipment to be used for processing the main mineralized zone at launch. There is an expected 6 month wait time between placing the order of the In-line leach reactor (made by Gekko in Australia) and receiving the equipment. In the interim, we intend to use a CIL reactor and additional equipment (sourced in Africa) to work the tailings & waste dump. Processing of the tailings & waste pile will occur within 3 months of raising capital and then shifted to the main ore body as further equipment arrives and is set up. The mining equipment to be acquired includes (i) heavy equipment, such as bulldozers and excavators, (ii) crushing and grinding equipment, (iii) gravity recovery equipment, (iv) assorted vehicles, (v) generators, (vi) pumps, and (vii) a camp. There is road access directly to the property as is municipal electric power.
Expenditures to date on the concession are $136,994. The cost of historical drilling and other testing on the property by previous concession owners, while substantial, is unknown.
There is a lot of history with Falconbridge
Locations that they thought should bear fruit and people that worked those locations like going back in old mines and finding the gold that they did not know existed before....
Ken has be looking at alot of old mines...
Lode Gold..close-ology bulls-eye in Ghana...
Many square Kilometers....Paul Abbot and Johnston Mau have a history in Ghana are aboard the team
Great DD hot area in Ghana
Must be something about the Anglo Ashanti claims...they use to own the EKOM EYA...now KATX Ken does....
Paulson pumps, then dumps, gold-mining pick
http://www.newshour24.com/2012/11/15/43452-Paulson-pumps,-then-dumps,-gold-mining-pick.htm
New York Post - 2012-11-15
Hedge-fund billionaire John Paulson dumped a sizable chunk of his stake in South African gold-mining company AngloGold Ashanti just months after recommending it to investors as one of his top stock picks. Paulson sold 13 percent of his huge stake in AngloGold Ashanti, where he has long been the major..stockholder.
Pump and dump.....Guess Paulson as scammer....Thats why the own the stock is to sell it.....Ken still own most of his shares....otherwise he would not be able to control 91.6 of the BVIG stock...LOL
ONE of Hong Kong's wealthiest and most powerful families may have a small Perth-based gold miner firmly in its sights, and it could have a role to play in the long-awaited consolidation of the West African gold industry.
Wei An Developments, which is registered to an address in the luxurious Hong Kong suburb of The Peak, has been recently buying shares in Noble Mineral Resources.
Last month, the group spent almost $13 million lifting its stake in Noble from 9.2 to 14.1 per cent.
They just might consolidate the EKOM EYA while they are at it..
WEI ANN good for the EKOM EYA HV.....
http://www.resolute-ltd.com.au/fileadmin/pdfs/502_-_261012_-_Notice_of_initial_substantial_holder_of_Resolute_Mining_Limited.pdf
Wei Ann development has 49,000,000 shares of Resolute...
http://www.asx.com.au/asxpdf/20130207/pdf/42cwl0w6kmyzz0.pdf
Page 16....
They had 14.9 percent on Noble....
http://www.theaustralian.com.au/business/opinion/wealthy-family-buys-into-noble-mineral-resources/story-e6frg9if-1226069769
ONE of Hong Kong's wealthiest and most powerful families may have a small Perth-based gold miner firmly in its sights, and it could have a role to play in the long-awaited consolidation of the West African gold industry.
Wei An Developments, which is registered to an address in the luxurious Hong Kong suburb of The Peak, has been recently buying shares in Noble Mineral Resources.
Last month, the group spent almost $13 million lifting its stake in Noble from 9.2 to 14.1 per cent.
They just might consolidate the EKOM EYA while they are at it....
Keep digging and you will find a pattern in all of Ken's claims... ads block graphic look below
..USGS Felsic volcanogenic massive sulfide deposit, 14 of 40
Other Handicamp Links and Information.
http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
USGS Felsic volcanogenic massive sulfide deposit, 14 of 40 in Newfoundland province (in Canada)
VSM sites in Newfoundland http://tin.er.usgs.gov/vms/show.php?labno=750&place=fCA05
Discovery date 1928
Tonnage 2.27
Copper grade 2.62
Zinc grade 0
Lead grade 0
Gold grade 13.4
Silver grade 56.0
USGS got that data from quote "References Canada Department of Energy, Mines and Resources, 1980, Canadian mineral deposits not being mined in 1980: Mineral Policy Sector Internal Report MRI 80/7, 294 p.
Geological Survey of Canada, 1967, Geology Island of Newfoundland: Map 1231A, scale 1:1,000,000.
Stephens, M.B., Swinden, H.S., and Slack, J.F., 1984, Correlation of massive sulfide deposits in the Appalachian-Caledonian orogen on the basis of paleotectonic setting: Economic Geology, v. 79, no. 7, p. 1442-1478.
Notice the Tulks Belt Deposit label above the Handcamp label on the lower Triangel
John Hinchey is mentioned below....Jim Hinchey was on the drill rigs and signature
on the Falconbridge reports...see note 7 Bathurst # 12 well that was studied by
David Lentz..... David Lentz was the moderator at the Gaint Ore Deposit Seminar in Aus...