EnviroLeach Technologies Inc.

[teq0904]

MWX (MWXRF) and ETI (EVLFF) were spun off from Iberian. http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00042390 http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00009435
Per the Nov 2017 MWX podcast, they said that it was originally anticipated that MWX would chase the mining deals and ETI the eWaste, however the lucrative value of eWaste surprised them both, so the mining is on the back burner and the 80/20 deal was struck for eWaste which is the focus of both companies.
LT investors are bidding up MWX market capitalization way past the 80/20 ratio, since ETI can’t be used in non gold, lithium or cobalt as far as we can tell from the news at the moment. As I pointed out, this will be a $1B combo if the tests are successful, with ETI holding 80% of the value, so ETI investors are focused on that. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136439768
There are so many gold mines out there, that ETI will likely end up worth billions more if the tests work out though. I am sure many people will be asking over the years what the difference is in the 2 companies sp, so hopefully this explains that it is all about perception.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136436546