RemSleep Holdings Inc (RMSL)

[Funaboard]

We intend to use a CIL reactor and additional equipment (sourced in Africa)

Guess you did not follow or understand what is going on with the site as you should consider this when you post your opinions...as this is key to months to monthes of your postings..you simple did not understand what or how thing were proceeding.......

http://www.sec.gov/Archives/edgar/data/1412126/000139390512000669/bvig_s1a6.htm


Operational Rollout

We are seeking up to $7.3 million in financing to purchase equipment and for working capital to launch the Ekom Eya mining operation project. This will provide capital to begin production as well as assess and implement the working on the balance of Ekom Eya Mining Operation's deposit. Please see the section entitled “Management’s Discussion and Analysis of Operations -- Plan of Operations” for a more complete description.

Our budget, assuming the requisite financing is raised, would allow us to go into production on the tailings & waste dump as well as locate & purchase good equipment to be used for processing the main mineralized zone at launch. There is an expected 6 month wait time between placing the order of the In-line leach reactor (made by Gekko in Australia) and receiving the equipment. In the interim, we intend to use a CIL reactor and additional equipment (sourced in Africa) to work the tailings & waste dump. Processing of the tailings & waste pile will occur within 3 months of raising capital and then shifted to the main ore body as further equipment arrives and is set up. The mining equipment to be acquired includes (i) heavy equipment, such as bulldozers and excavators, (ii) crushing and grinding equipment, (iii) gravity recovery equipment, (iv) assorted vehicles, (v) generators, (vi) pumps, and (vii) a camp. There is road access directly to the property as is municipal electric power.


Expenditures to date on the concession are $136,994. The cost of historical drilling and other testing on the property by previous concession owners, while substantial, is unknown.