Volt Carbon Technologies Inc (TORVF)

[surfkast]

The several that failed. But the crew will be back on any "good" news.

All of their business lines are years away, if ever. The company even admits to it.

Accordingly, there is no assurance that a mine on the Lochaber Property will ever be brought into a state of commercial production or that the Company’s activities will result in profitable mining operations.

16.3 Uncertainty of Air Classifier Technology on a Commercial Basis
The Company’s proprietary Air Classifier technology for processing and purifying graphite
has not been used on a commercial basis by the Company and there is no certainty that
results achieved during small-batch testing, including those performed at when the Plant
was in operation or as part of the computer simulations, can be replicated in commercial
quantities, which would have a material adverse impact on the Company’s goals for the
technology.

16.5 Technological Uncertainties that may affect Commercialization
The Company’s solid electrolyte battery technology and DNA Sensor technology is
currently in the research and development phase. There is a risk that these technologies
will not perform as expected and therefore, the Company may encounter delays to
commercialization or may run the risk that the technologies will never be successfully
commercialized. This means that the Company may never receive revenues or return on
these research and development projects.

16.9 Financing Requirements
Substantial additional capital is required to bring the Lochaber Property mine into
production, to commercialize the Air Classifier Technology and for other purposes.

16.10 Negative Operating Cash Flow
As the Company currently has a negative operating cash flow and may continue to have
that for the foreseeable future. The Company’s failure to achieve profitability and positive operating cash flows could have a material adverse effect on its financial condition and results of operations.


Mine reports reports from the companies filings.

3.2 Red Bird Property
The Red Bird molybdenum property consists of three mineral claims situated in the
Skeena Mining Division of west central British Columbia 133 kilometers southwest of
Burns Lake and 105 kilometers north of Bella Coola. The property covers an area of 444.49
hectares centered on latitude 53°17’44” North and longitude 127°00’34” West in NTS
map area 93E/6.
The Company presently holds a 25% undivided interest in the Red Bird Property.

Why isn't Phelps Dodge Corporation actively developing thios mine?

https://thediggings.com/mines/usgs10279014

Mount Copeland Property
The Mount Copeland Property featured underground production (1970-73) which
produced 171,052 tonnes of molybdenum ore and produced 1,193,222 Kg of
molybdenum. The calculated head grade for this production was 0.732% Mo. When the
Mount Copeland Property was in production in 1970 development work indicated
163,340 tonnes of ore at a grade of 1.83% MoS2 (or 1.1 % molybdenum). The ore indicated
prior to mining, has been essentially extracted.

https://thediggings.com/mines/usgs10279014

3.4 Lochaber Property
The Lochaber Property is located in the Province of Quebec. The Property consists of nine
tenures (540.82 ha). The tenures are registered with the Ministère de l’Énergie et
Ressources Naturelles du Québec (MERN) to the Company. The nine tenures all expire on
June 23, 2023. Volt plans to continue to keep these tenures in good standing beyond 2024
by performing further exploration. It is anticipated that the Company’s air classification
process may be used in the future development of the Lochaber Property.

https://www.otcmarkets.com/otcapi/company/financial-report/363694/content

Now who will say that the above are standard disclaimers?

SMH