Envirometal Technologies Inc. (EVLLF)

[Smackyd]

I called them two days ago and asked some questions. I asked what the “concentrate” really is. It is 95% metals from the PCBs mostly copper by weight. The concentrate side recovers nearly all the metals except gold which it only captures about 50% of. The rest of the gold is recovered using their patented process on the wet side. I was told the next thing they are working on recovering is the tin (the second most valuable metal in the PCBs by the way). They have several things in the pipeline they could not discuss. I bet once they get they get the bugs worked out in the Canada plant they move forward with the Memphis project. It’s an interesting time for this company. Optimistic they could be revenue neutral early next year.

Just a side note, I asked if they ever tried leaching uranium. He said it was not on their radar.