InvestorsHub Logo
Post# of 216694
Next 10
Followers 15
Posts 816
Boards Moderated 0
Alias Born 08/19/2014

Re: Let's Roll post# 91545

Monday, 08/25/2014 10:21:28 AM

Monday, August 25, 2014 10:21:28 AM

Post# of 216694
$SNET SourcingLink.net Renews Claims for Eldor Project in Northern Quebec, Canada!

AN DIEGO, CA--(Marketwired - Aug 25, 2014) - SourcingLink.net (PINKSHEETS: SNET) has recently renewed all of its existing claims pursuant to its agreement (announced August 16, 2013) to acquire 100% interest in the Eldor Rare Earth Property Claims (Eldor Project) located in Northern Quebec, Canada. The Eldor Project consists of approximately 2438 acres including 21 claims and is contiguous to the west boundary of Commerce Resources' Ashram Project which currently has a Preliminary Economic Assessment (PEA) with a Net Present Value (NPV) at a 10% discount rate of $2.32 billion, a pre-tax/pre-finance Internal Rate of Return (IRR) of 44%. Please see link to map of Eldor Project and surrounding region (http://www.sourcinglink.org/projects.html).

http://finance.yahoo.com/news/sourcinglink-net-renews-claims-eldor-070100017.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.