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Re: DJPennyTrader post# 218

Sunday, 02/04/2018 9:53:40 AM

Sunday, February 04, 2018 9:53:40 AM

Post# of 1150
That was my original logic as well. Enviroleach (EVLLF) gets 80% of the profit for their operations. Enviroleach are the ones with the processing plants, that will likely be a worldwide endeavor.

I still like Mineworx. Yes the tech belongs to them by contract. They get 20% of the profits, that they can roll into their mill project, but I do not believe Mineworx will be bought out. I think after the buyout of Enviroleach (if that happens), then I may put some funds in MWXRF. I'm looking at near term versus long term gains here, and in my opinion Eviroleach is the bigger, better deal to put my money. But hey, I don't have a crystal ball, anything can happen with either company. This is my opinion based on the information relayed to me by people that are much smarter than me.

This buyout talk is speculative at this point, as I have no inside information on what deals are in the works, or on the table. But appears to be the logical and likely scenario, especially with ETI being partnered with a company like Jabil, which is now perfectly positioned to do this.

This is all just my opinion of course....