PART TWO - $ACRL/ CEO RAMBLINGS - DECEMBER 21, 2018/ Annual Meeting of Atacama Resources International Inc.
Christmas-Wallpaper-Download.jpg MERRY CHRISTMAS AND HAPPY NEW YEARS I first wish to thank all of you who took time to participate in this year's Annual Meeting of Atacama Resources International Inc.
From all the feedback received to date I feel that I can call it a success.
The Board wanted to reach out and include as many shareholders as possible and therefore decided to hold it via webinar.
Special thanks goes out to the Company's Director of Corporate Communications, Mr. Allan Flasch for his technical abilities making it possible for investors to participate from Nome Alaska to the Florida Keys.
All the Board members made presentations as to Atacama's activities over the past year and commented on the Company's future plans.
A number of participants took the opportunity to participate during the Q and A session while others emailed in their questions to be answered but most either called members of the Board after the meeting or sent in their emails to them directly.
I am happy to say that every inquiry was responded to in full within ninety minutes from the close of the webinar. Dan from Wisconsin was interested in the two Apps the Company is offering and Don from Oregon asked how the Apps would help law enforcement re the Cannabis issue.
Esperanza from Texas asked about the Company's plans regarding a future reverse split. As CEO let me say categorically that the Board has no plans at all to do a reverse stock spit. none whatsoever.
Jose from New Mexico offered to help the Company if we aver wish to expand into Mexico.
We will see what the future expansion plans may be. Two New York based brokers called me after the meeting seeking clarifications regarding our exploration programs especially as they applied to cobalt and graphite.
They both felt that these were two up and coming minerals of the immediate future.
Considering the number of investors participating, this was by far the largest and most exciting Annual meeting that we have ever had.
Again, I thank you for your on going interest in the future of Atacama Resources International. Be sure to check out http://www.acrlintl.com
Thanks, Glenn, and don't be a stranger...call me 1 780 512 3805
ACRL
We acquire, develop, and attain strategic opportunities worldwide. Learn more about our 7 sectors below:
MERRY CHRISTMAS AND HAPPY NEW YEARS I first wish to thank all of you who took time to participate in this year's Annual Meeting of Atacama Resources International Inc.
From all the feedback received to date I feel that I can call it a success.
The Board wanted to reach out and include as many shareholders as possible and therefore decided to hold it via webinar.
Special thanks goes out to the Company's Director of Corporate Communications, Mr. Allan Flasch for his technical abilities making it possible for investors to participate from Nome Alaska to the Florida Keys.
All the Board members made presentations as to Atacama's activities over the past year and commented on the Company's future plans.
A number of participants took the opportunity to participate during the Q and A session while others emailed in their questions to be answered but most either called members of the Board after the meeting or sent in their emails to them directly.
I am happy to say that every inquiry was responded to in full within ninety minutes from the close of the webinar. Dan from Wisconsin was interested in the two Apps the Company is offering and Don from Oregon asked how the Apps would help law enforcement re the Cannabis issue.
Esperanza from Texas asked about the Company's plans regarding a future reverse split. As CEO let me say categorically that the Board has no plans at all to do a reverse stock spit. none whatsoever. Jose from New Mexico offered to help the Company if we aver wish to expand into Mexico.
We will see what the future expansion plans may be. Two New York based brokers called me after the meeting seeking clarifications regarding our exploration programs especially as they applied to cobalt and graphite.
They both felt that these were two up and coming minerals of the immediate future.
Considering the number of investors participating, this was by far the largest and most exciting Annual meeting that we have ever had.
Again, I thank you for your on going interest in the future of Atacama Resources International. Be sure to check out http://www.acrlintl.com
Thanks, Glenn, and don't be a stranger...call me 1 780 512 3805
ACRL
We acquire, develop, and attain strategic opportunities worldwide. Learn more about our 7 sectors below:
As one looks around the world, 2018 is closing on a rather low note although not news is all bad news. Let me explain.
The US Government is shut down. Political confusion is the order of the day.
Panic and fear reigns at the southern border with Mexico.
Mexico has a new left-wing President and a new left-wing Congress.
Venezuela is in turmoil and people are fleeing. Central America is violent and essentially non-functioning.
Much of the Middle east is devastated by war and ongoing fighting and violence abounds.
China's economy is slowing down and its trade wars with the USA has everyone guessing. Russia is a bully on the world stage causing disruption.
Europe is floundering, and is about to happen with totally unknown results but likely not good. Japan is going nowhere.
Much of Africa is struggling and some states are essentially non-viable.
Corruption is the reality. In the past, when there was so much uncertainty around the globe, people usually sought stability for themselves in the form of gold.
Gold is real. Gold is safe.
I believe that this all means that the demand for gold is about to increase in the months ahead and yet the number of new gold mines coming on stream in the next few years remains relatively meek.
The good news in all of this is that Atacama has three very promising GOLD properties in what is known as the Canadian Gold Camp in the mining friendly Province of Ontario.
As per the attached article, all this year end gloom and doom could be good news for current and future good investors and be good for Atacama. Glenn Grant, CEO, http://www.acrlintl.com
Gold is powering into the year’s end as global equities sink in the fourth quarter
on Friday and Thursday:
China: The economy slowed for a seventh month in December as the trade war, subdued domestic demand and decelerating factory inflation undercut growth, according to a Bloomberg Economics gauge.
Japan: Factory output dropped in November, the sixth contraction in eight months.
US: Consumer confidence slumped in December to the lowest since July as a gauge of labor market expectations fell by the most in 41 years.
Europe: The European Central Bank expects the global economy to slow next year as rising protectionism curbs trade growth.
In Washington, the partial U.S. government shutdown is likely to continue into 2019 after House Republicans said on Thursday they didn’t plan any votes this week and as the president sought to blame Democrats for a stalemate over funding for a wall that a majority of Americans don’t support, according to polls.
12-30-2018 FROM AH FRIEND/ $ACRL Could the Electric Car Company TESLA [TSLA] be Atacama's very best friend? YES Right in the very center of the Cobalt Camp are the cobalt claims held by Atacama. COBALT [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/591bc70b37c581f0802c6a2e/5bfd7caf352f531a61759816/1543454931414/Cobalt.jpeg?format=1000w[/chart] COBALT [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/591bc70b37c581f0802c6a2e/5bfd7caf352f531a61759816/1543454931414/Cobalt.jpeg?format=1000w[/chart]
Talk about being in the right place at the right time.
Could the Electric Car Company TESLA be Atacama's very best friend? YES COBALT is clearly the mining story of the day.
It has been designated as a STRATEGIC MINERAL by both the USA Government as well as the European Union.
Canada's major cobalt deposit is found in what is commonly called +++++ THE COBALT CAMP +++++ which is located north of the Canadian city of Toronto in the mining friendly province of Ontario. The Camp is surrounded by mining communities providing all of the necessary mining infrastructure needed to open producing cobalt mines.
The demand for cobalt is being driven by the emerging electric vehicle sector which is picking up pace worldwide.
In North America, while all the auto companies are developing electric models for this new market, the leader at the moment is clearly TESLA.
All of them, including TESLA, require electrical storage batteries which in turn requires cobalt as a key component.
Cobalt, both the town and the metal, are attracting renewed attention as a buffer to rising political risks in the Democratic Republic of Congo, which accounted for more than half the world’s 123,000-ton production in 2016, according to Natural Resources Canada. China and Canada were a distant second and third, each contributing roughly 6 percent of supply, followed by Russia and Australia. But as concerns grow about country risk in the DRC, even as demand swells, those smaller players stand to benefit.
“Anybody who has cobalt outside the DRC is in a better situation because carmakers are very worried about their supply chains,” said Roger Bell, director of mining research at Hannam & Parters in London.
Bell believes the amount of cobalt being used in electric cars could easily double in the next eight to 15 years. “Even in the most conservative assumptions, you’re looking at maybe a 20 percent gap between supply and demand for cobalt by 2025.”
Stock investors betting on cobalt are already benefiting. First Cobalt Corp., a Canadian miner exploring in the Cobalt area, has soared 90 percent this year. Cobalt 27 Capital Corp., another miner based in British Columbia, has jumped almost 600 percent. Neither company has any revenue.
As Congo Election Nears, Rioters Storm an Ebola Center and Unrest Grows
Delays of long-anticipated elections to replace President Joseph Kabila are adding to insecurity in a region plagued by an Ebola outbreak and militia violence.
I am especially proud to say that the development of our Atacama cobalt property, located dead center in what is known as Canada's COBALT CAMP, is one of our Company's priorities as we begin 2019.
I believe that the timing of this cobalt property development could not be better, for four main reasons.
One, the global demand for cobalt is expanding by the day as a result of the fact that cobalt is an important component for the storage batteries of electric vehicles.
Second, cobalt has been designated as a "strategic mineral" by both the USA and the EU.
Third, the Atacama cobalt property and the entire Cobalt Camp region is located in "mining country" with all the necessary mining infrastructure in place.
The fourth reason is the big one. 60% of the world's cobalt currently is sourced in the Democratic Republic of Congo (DRC).
Most of its 82 million inhabitants live in abject poverty.
it is one of the most impoverished nations on earth.
As a result of years of corrupt and violent governments the country is a social, political, cultural and economic "basket case".
Lawlessness and recklessness are the order of the day along with corrupt courts and 100 heavily armed militias rampaging the countryside.
Less than 2% of roads are paved.
Less than 10% of the population have access to electricity. 1% have any access to financial services. I could go on and on but I am sure that you get the picture.
It is time for the world to move to new sources of cobalt.
Corrupt politicians and their cronies make millions from the mines operating there while the people are treated like trash and receive next to nothing. Cobalt demand worldwide in increasing and the Canadian COBALT CAMP can help the world to meet this demand.
Atacama's claims are located right in the middle of the Camp. Right time and right place? You bet. I am Glenn Grant, CEO of http://www.acrlintl.com
ELEMENT GRAPHENE/Graphite [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2ed0f68a922d8f0fea9225/1546572851147/graphene-enhanced+rubber.jpg?format=500w[/chart]
ELEMENT GRAPHENE/Graphite [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2ed0f68a922d8f0fea9225/1546572851147/graphene-enhanced+rubber.jpg?format=500w[/chart]
As CEO of Atacama Resources International I am pleased to be able to announce that Atacama is about to be part of a technological revolution that is about to change the way much of the world will operate in the future.
It is referred to as a "Wonder Material" or "The material of the Future".
What I am referring to is GRAPHENE which is derived from graphite which is one of Atacama's mining properties near Kirkland lake, Ontario.
To my knowledge there are NO graphite mines in the USA and only two currently operating in Canada - one small mine operates only seasonally and one is predicted to be soon running out of graphite ore.
That's it, so you see why I am pleased to be able to announce that Atacama has a serious graphite prospect.
Graphene is one of the most promising semi-metals on the face of the earth, yet few people have even heard of it. Simply put, graphene is 300 times stronger than steel, thinner than a sheet of paper and is destined to become the "super material" of the technological future.
It is made up of a single layer of graphite that is only one atom thick.
Yes, one atom.
Not only is it strong but it is also flexible, transparent, highly conductive and impermeable to most liquids and gasses.
It is as light as foil yet can stop a bullet. Think about its application to air and space travel, to the military industrial complex, for heavy equipment and vehicles of the future.
its applications are boundless but it all requires graphite.
Do you see why I say that Atacama is planning to be part of this " tech revolution".
This, and the attached article, will hopefully go a log way to respond to all those investors who asked my why Atacama decided to pursue a graphite property as a part of its mining holdings.
University of Manchester and Inov-8 launch graphene-enhanced hiking boots The collaboration between the University of Manchester and British sportswear brand Inov-8, which started in 2017 and has already produced the G-Series range of graphene-enhanced shoes, has now also resulted in a pair of hiking boots which utilize graphene.
Similar Entries Inov-8 and manchester University launch graphene-enhanced shoes
Graphene-enhanced shoes poised to start a footwear revolution
The University of Manchester launches a new graphene company
The ERDF awards £23 million to Manchester University's national graphene institute
The University of Manchester and Masdar Institute launch joint graphene research program
The University of Manchester posts on graphene commercialization efforts
The University of Manchester to get a second £60 million graphene center
$ACRL/ CEO RAMBLINGS - JANUARY 4, 2019-PORTRAIT/CEO Blackwater PRIVATE FIRM INVESTOR
[-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2f78ee0e2e72ab9499fac5/1546615030753/Blackwater+Founder.jpg?format=1000w[/chart] Erik Prince, the founder of controversial U.S. private security firm Blackwater and an informal campaign adviser to President Donald Trump, is looking to raise as much as $500m to invest in metals used in the batteries that power electric cars. (Image courtesy of Miller Center | Flickr.) [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2f78ee0e2-e72ab9499fac5/1546615030753/Blackwater+Founder.jpg?format=1000w[/chart] Erik Prince, the founder of controversial U.S. private security firm Blackwater and an informal campaign adviser to President Donald Trump, is looking to raise as much as $500m to invest in metals used in the batteries that power electric cars. (Image courtesy of Miller Center | Flickr.)
BLACKWATER FOUNDER LAUNCHES FUND TO INVEST IN ELECTRIC CAR BATTERY METALS | MINING.COM
The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.
I am sure that most of you are aware of the USA firm Blackwater.
I will not say any more but to simply say that its founder left the firm a while back but has again entered the business world in a very progressive and aggressive way.
He, like those of us at Atacama, see the future as being a future including electric vehicles on a worldwide scale.
As the former Blackwater founder sees it, a mineral of the future will be cobalt, most of which is being mined in the Democratic Republic of Congo
- one of the poorest and most corrupt countries on earth.
There, cobalt mining occurs to keep unscrupulous, corrupt, dishonest and lawless politicians and their business cronies in place to continue exploiting the people for only their own gain.
Is this where the world wishes to source its cobalt?
I think not, especially when there are sources in Canada.
Atacama has a very promising cobalt property and we plan to be part of the action moving foreword.
Blackwater founder Erik Prince aims to raise as much as $500 million to invest in metals needed for making the batteries that power electric vehicles (EVs), the Financial Times reports.
Prince, who besides starting the controversial private security company is known for have been an informal campaign adviser to US President Donald Trump, said the fund will bring unexplored deposits into production and then sell them to large miners after four to five years.
The fund will focus mainly on cobalt, copper and lithium assets located mainly in Africa and Asia, Prince told http://www.FT.com.
“For all the talk of our virtual world, the innovation, you can’t build these vehicles without minerals that come from generally weird, hard-to-access places,” he said. LITHIUM [-chart]www.mining.com/wp-content/uploads/2019/01/li-ion-battery-boom-and-its-impact-on-raw-material-markets.jpg[/chart] LITHIUM [-chart]www.mining.com/wp-content/uploads/2019/01/li-ion-battery-boom-and-its-impact-on-raw-material-markets.jpg[/chart]
Metals such as cobalt, lithium, nickel and copper have seen demand soar in recent years as the shift away from cars powered by fossil fuels gains momentum and mining companies are investing billions of dollars into developing deposits of those key commodities.
Experts expect the need for the commodity from battery makers alone to jump 650% by 2027, while overall demand is forecast to rise more than threefold in the next nine years.
Prices, however, are projected to drop in the early 2020s as a result of an ever-rising number of projects expected to come online.
Wave of lithium supply coming online. (Source: BMO Capital Markets.)
Prince sold Blackwater in 2010, after it was hit with a series of lawsuits. Since then, he’s been running Frontier Services Group, which provides integrated security, logistics and insurance services in frontier markets and is backed by Hong Kong investor Chun Shun Ko and China’s CITIC Group.
Frontier has also invested in a bauxite mine in Guinea, and identified a copper and cobalt deposit in the Congo.
Prince’s sister Elisabeth Dee DeVos is Trump’s education secretary.
Smart Investors for those who are inclined to be able to do so. If arranged, a $1 a share for me is good enough for a .000's investment, call me greedy.
The investment required to fully confirm the Atacama 1, 2 and 3 proven reserves has been fully budgeted on a project management basis and equals $5 million dollars.
Required costs are substantiated for audit and review.
Our investment initiative must focus on a $5 million capital raise over the next year with a first tranche of at least $1 million dollars immediately.
The upside for the confirmation of gold ‘proven reserves’ for the Atacama 1, 2 and 3 holdings is almost too large to be believable.
An analysis of the ACRL position, similar to the KLG analysis for its new shaft, would yield a proven reserve in the $5 billion dollar range.
With a proven reserve pegged at a more realistic $1 billion dollars, the contribution to the market value of the company would be approximately $1 dollar per share.
Starting with an assumption that the ACRL common shares could end up valued up to $1.00 per share because of the proven reserve confirmation, the investor upside is as follows.
The investment offered with this capital raise is to sell the B shares at the equivalent of one cent per common share with a six-month hold. The investor, under even a worst-case scenario, should see a significant return in his ACRL investment
PART ONE- BIG-21 PLUS/ $ACRL/ CEO RAMBLINGS - NOVEMBER 23, 2018 TO 12-30-2018 ATACAMA GOLD CLAIMS POSITION A VALUATION ANALYSIS NOVEMBER 1, 2018 Opening Discussion. https://acrlintl.com/blog/
The investment required to fully confirm the Atacama 1, 2 and 3 proven reserves has been fully budgeted on a project management basis and equals $5 million dollars. Required costs are substantiated for audit and review. Our investment initiative must focus on a $5 million capital raise over the next year with a first tranche of at least $1 million dollars immediately.
The upside for the confirmation of gold ‘proven reserves’ for the Atacama 1, 2 and 3 holdings is almost too large to be believable.
An analysis of the ACRL position, similar to the KLG analysis for its new shaft, would yield a proven reserve in the $5 billion dollar range.
With a proven reserve pegged at a more realistic $1 billion dollars, the contribution to the market value of the company would be approximately $1 dollar per share. Starting with an assumption that the ACRL common shares could end up valued up to $1.00 per share because of the proven reserve confirmation, the investor upside is as follows.
The investment offered with this capital raise is to sell the B shares at the equivalent of one cent per common share with a six-month hold. The investor, under even a worst-case scenario, should see a significant return in his ACRL investment
Atacama owns the mining claims for Atacama 1, 2 and 3.
The claims are within four miles of the new Kirkland Lake Gold, Inc. (KLG) shaft.
KLG has committed several hundred million dollars to further recover gold in the region.
Atacama has acquired new historical information regarding the potential gold concentrations for Atacama 1.
Atacama has 1000 feet of core samples that have not been assayed. With visible gold noted at or near the surface near the core samples drill site, it clearly is in the best interests of Atacama and its shareholders to selectively assay the stored core samples.
This document is prepared to inform shareholders and other interested parties about the possible valuation of the Atacama in-the-ground gold assets.
Atacama Resources obtained the mining claims to parcels Atacama 1, Atacama 2 and Atacama 3 in Kirkland Lake, Ontario in 2015. The following discussion presents a comprehensive overview of the Atacama position in Kirkland Lake.
Gold ACRLGoldAnalysis112318.jpg Gold's qualities make it one of the most coveted metals in the world. Everyone is aware that gold can be beautifully shaped and sculpted for use in fine jewelry. This has accounted for most of gold usage so far but the major upside growth potential for gold usage is in a variety of commercial uses. Gold conducts electricity and does not corrode or tarnish. These qualities make it the metal of choice for a wide range of industries. For instance, it is used in most electric/electronic devices including cell phones and laptops. Nearly US$600 million worth of gold is used in the one billion cell phones sold each year! As the world accelerates into the electrical/electronic gadget world of the future the demand for gold will surely accelerate along with it. Dentists have used gold for fillings and crowns for nearly 3,000 years and today it is widely applied in medical treatments ranging from arthritis to cancer. The future growth in the demand for gold is well documented. Demand is going up, but supply is going down at a very fast rate. New major gold discoveries are becoming extremely rare and Atacama Resources is in a favorable position. These demand, supply and cost factors shape Atacama’s strategy to place serious focus on its 1360 acres located virtually adjacent to Kirkland Lake Gold (KLG). KLG is a major gold producer and recognized as one of the richest gold mines in the world. KLG owns five former high-grade producing gold mines located within the Kirkland Lake Camp that produced more than 22 million ounces at an average grade of 15.1 grams per ton - all in a 120-kilometer fault zone which has produced more than 100 million ounces of gold. Atacama's claims are located along a southern strike of the same fault zone. See site map and details below for more information. GOLD CLAIMS POSITION A VALUATION ANALYSIS NOVEMBER 1, 2018
History Atacama 1 holds a long history in the Gold Bearing area of Kirkland Lake Ontario. Todora Syndicate Diamond Drilled 7 holes on the property. High Gold, Copper and nickel showed in the drill holes. Selected International Mines of London England leased 5 claims to Cheltonia-Swastika Mines Ltd. and sunk shaft 105 feet deep and 60 feet of lateral work on the 100-foot level. In Totora-Kirkland Prospecting Syndicate acquired the property and staked 9 unpatented mines and 2 patented mines. The property covers the strike of an apparent fault zone for over 3960 feet. This zone appears to be a subsidiary fault to the Larder Lake “break” and is a favorable structure for the formation of Gold and Copper deposits.
In addition, more recent exploration at Atacama 1, and a more concentrated review of the results spread over fifty years indicate clearly that additional exploration, geophysical analysis, drilling and assays is warranted at the property. For example:
Samples for copper were taken from trenches of 13.39%,6.12%,6.62% and 5.32%.
In 1971 Noranda Exploration Co. Ltd. had 4 samples assayed. Atacama will request the assay results from the Ontario Mining Cimmission.
In 1978 the properties were acquired by prospector Arnold Allsopp.
Three trenches were mechanically dug 300 feet apart and are located approximately 1000 feet west of the Cheltonia shaft. Each trench extends
northwards from the controlled base line.
Rick Yost Drilling carried out a drilling/core Program on the property.
Two holes were completed to a depth of five hundred feet each and one thousand feet of drill cores are in storage awaiting assays. Visual gold (you can see it with the naked eye) exists in the cores
While the drilling was undertaken an excavator was used to Power Strip (trench) over burden to expose the rock surface. Here again, at the surface rock exposure, visual gold is evident.
While gold was found at the surface and throughout the rather shallow drill holes, the provincial geologist and Kirkland Lake Gold both have indicated and proven that gold values increase the deeper the deposit. This is good news for Atacama. Plan to assay the core samples at over 500 feet.
Arnold says that values of 1/4 ounces/ ton exist at or near the surface. This value is EXTREMELY high.
Atacama Resources International Inc. acquired the properties and has since diamond drilled two core locations. There was enough indication to warrant major work on the property as expressed by the geologist in the Atacama 1,2 and 3 property report, which is available on request.
The other day, General Motors announced that they are closing down a number of their North American plants and laying off thousands of employees. One of the reasons given was that in the future the Company will be focusing on assembling a number of different varieties of electric vehicles to meet the evolving world wide market for emission free cars and trucks. Many other auto manufacturers are making similar claims. Nations the world over are transitioning to electric vehicles. China has numerous electric car plants operating and under construction. General Motors is simply one player, among many, taking giant steps to met the future demand for these fossil -free fuel vehicles. However, all of these plants producing electric vehicles will require batteries, each of which in turn will require copious amounts of cobalt and graphite. The market for these commodities is exploding. Supply simply cannot begin to meet this new demand.Electric vehicle production plants are ramping up worldwide. The world wide demand for cobalt and graphite makes a strong case for Atacama Resource International to focus its efforts in developing both its Northern Ontario cobalt property as well as it's graphite property. Its an opportunity for Atacama to join with General Motors, Tesla Motors and others to be part of this accelerating world wide trend of the future.
Very near Atacama's three gold properties is Macassa Mine, one of the highest grade gold mines in the world and has been operating since 2002. (Gold mining in the vicinity has been ongoing since 1933) Like Atacama, the mine is located in an area with well-developed infrastructure-a provincial highway, a rail system, an airport and the mining community of Kirkland Lake. Earlier this year the Company announced plans to build a new shaft with a goal of extracting over 400,000 ounces of gold per year for the next five to seven years. Currently, the average gold grade is 14.5 grams/ton. When the project is completed the depth of the main shaft will be 7,000 feet. The Macassa gold mine is a high grade gold producer, with grade improving the deeper the mine. The gold mineralization is found along breaks, or faults, in veins as quartz filled fractures. There are multiple breaks all keeping with the Timiskaming gold trend.
Why this is interesting for Atacama is that the Atacama properties occur within these same fault lines and could very likely compare to the gold values currently experienced by Macassa.
I hear it every day, especially living in Canada's Oil PATCH. "Nobody wants to drive an electric truck or car". Nothing could be further from the truth. Electric vehicles(EV's) sales are skyrocketing and the pace is accelerating by the day. Five, that's 5, million EVs have already been sold. Countries worldwide are taking aggressive steps to expedite the transition to electric vehicles(EVs). 650,000 EVs are on China's roads already representing 40% of global sales. It has set a goal of 1/5 of it's 35 million sales annually to be EVs within six years and knowing China, it will likely exceed that goal. India's target is that all its vehicle sales should be EVs within 15 years. Exon-Mobil and BP both forecast 100,000,000 EVs within 20 years. OPEC has set the number at 266,000,000. The EU is currently considering a total ban on diesel and gas powers vehicles. The UK and France are committed to banning the same vehicles by 2040. Only EVs will be available in these countries. Today, 1/3 of all vehicle sales in Norway are EVs and we all acknowledge that Norway is a world leader in these issues.
The USA is going gang busters in supporting EVs. Not at the national level but at the state level. US automakers are planning to debut more that 100 different EV models by 2022. That is only four years away. California is the leading state to support EVs with already 400,000 registered on it's highways. The following states have also taken steps to support the transition over to EVs-Washington, Oregon, Alaska, Hawaii, New York, Maryland, Utah, Virginia, Massachusetts, Arizona, Colorado, Montana, New Jersey, Connecticut, Delaware, Maine, Minnesota and Louisiana. You see what is happening right before our eyes. The world is fast transitioning over to EVs and we at Atacama wish to be part of the plan.
All EVs require cobalt and graphite for their electric storage batteries. There are NO producing cobalt or graphite mines the USA and only one graphite mine in Canada which is quickly running out of ore. Atacama is developing it's properties with both of these "STRATEGIC" commodities. Why not become part of the transition?
The 231 foot headframe and shaft sinking infrastructure is now in place at the Macassa Mine. It is all part of a $350 million expansion program which will extend the life of the gold mine for another 15 to 20 years. Eventually the shaft will be to a depth of 7,000 feet( nearly a mile and a half deep). The gold values increase the deeper you go. When completed it is expected to help Macasssa reach production of 400,000 ounces of gold per year.
Why this is of interest to Atacama Resources International is that our three gold properties are all just west of the Macassa Mine and along the same geological fault line.
Congo triples levy on cobalt with strategic-minerals decree | MINING.com
Congo is Africa's top copper producer and mines more than 60 percent of the world's cobalt
Over the past few weeks in the "CEO Ramblings" that I have been sending out, as well as on the www.acrlintl.com web site. I have referred to the fact the most of the world's supply of cobalt comes from the Congo, Africa. It is one of the most unstable parts of the world. The Government is corrupt, there is no rule of law, the courts are corrupt, lawlessness is prevalent, child labour is exploited, armed militias run freely, the economy is in chaos, bribery is everywhere, etc… It is a terrible place to do business and now the Government of the Congo is increasing the royalties on cobalt. Why now? The Congo has now realized that cobalt has been declared a "STRATEGIC MINERAL" by the USA and the EU.
Does all this not make the case that the exploration and development of Atacama's cobalt properties should be made an Immediate priority?
Please look at the following link for more information.
Graphite.jpg GOOD LIFE CONNOISSEUR | WHY GRAPHITE? As Atacama is in the business of developing our Graphite Property I thought that you may find the following article to be of interest. Its classification as a "STRATEGIC MINERAL" by the US Government and the European Union, and its need to be used in the development of electric powered vehicles are the main reasons for its importance but the following article will provide some good background information.
| MINING.com The German carmaker is now committed to radical steps to stop global warming.
Is this not an optimal moment for Atacama to be part of a movement that is about to change much of the world? The world is quickly adopting a future reflected by electric vehicles(EVs) and Atacama wants to be part of this change. Atacama has both GRAPHITE and COBALT Projects underway in Northern Ontario. Both of these products are central to the production of batteries for both EVs and hybrid vehicles. Just as an aside, the mining trucks used underground in the Kirkland Lake Gold mines are all EVs. As described in the attached article, The Volkswagen Group, one of the largest auto manufactures in the world plans to abandon the combustion engine in its new models within a few years. All their vehicles sold will depend on electric batteries. All of them. Companies mining COBALT and GRAPHITE should be supplying the minerals needed to meet future demand.
======================================================== $ACRL/ CEO RAMBLINGS - DECEMBER 9, 2018
WE WISH FOR ATACAMA TO BE A COMPANY OF THE FUTURE I am often asked by people interested in Atacama Resources International Inc. why the Board of Directors decided to develop properties focusing on deposits of COBALT and GRAPHITE. There were actually many reasons. First, they are deposits with excellent mining infrastructure already in place. Also, there are no cobalt mines in the US and no graphite mines either. Early exploration work provided very encouraging results. Both have been designated as being "STRATEGIC " by the US Government and by the European Union because they are used in the manufacturing of electrical storage batteries and therefore crucial as countries reduce their dependence on fossil fuels. This move to renewable energy sources for the generation of electricity is well underway. In fact, some countries such as Iceland, Paraguay, Albania, Sweden, etc. already receive 100% of their electricity from only renewable resources such as wind, solar, and geo-thermal. Others such as Norway gets 97%, Costa Rica gets 99%, Scotland gets 99%, Germany gets 78%, Uruguay gets 95%, Nicaragua is to reach 90% within two years as will Morocco. Morocco has the world's largest solar power plant. The USA boasts the second highest installed wind energy capacity in the world, after China. The US solar industry today employs three times more people than coal mining. Kenya has Africa's largest wind farm with geo-thermal energy representing 54% of the country's energy mix. Even in India, solar and wind power generates 90% of all new energy growth. Many people may not be aware as to just how fast the world is changing when it comes to transitioning over to reliable renewable energy sources ALL REQUIRING STORAGE BATTERIES which means that global demand for COBALT and GRAPHITE(crucial in the manufacturing of energy storage batteries) is about to soar. I want Atacama to be part of the solution.
WHAT IS GRAPHENE? | GRAPHENE-INFO graphene.jpg Ever since Atacama obtained a graphite deposit and started work on it many people have contacted me who were unfamiliar with its significance. Its significance and value cannot be overstated. There is a reason why the US Government and the European Union have designated graphite as a "Strategic Mineral". It is crucial for the future of electric storage batteries re products like electric vehicles, smartphones, laptops, solar, wind and tidal energy development, etc... On top of that is the fact that it is the critical material in the development of GRAPHENE the wonder material of the future. In fact, GRAPHENE is the future especially as it is applied to military hardware, transportation, robotics, artificial intelligence, and the like. I have included the article below if you wish to obtain further information on the emerging and exciting product.
I have written about Atacama's gold properties in previous Ramblings and there is considerable information about Atacama's gold projects on the Company web site www.acrlintl.com . However I have had a number of queries about the grab samples that I mentioned in earlier communications. Our in house Geologist explains to me that the faults running through our gold properties have folded over one another which means that rock that would normally be down deep is thrust up towards the surface, This explains why we have found high grade gold values right on the surface. I have attached a photo which reveals the visual gold evident in the quartz veins. If you still have further questions always feel free to call or email me. Glenn Grant
Smart Investors for those who are inclined to be able to do so. If arranged, a $1 a share for me is good enough for a .000's investment, call me greedy.
The investment required to fully confirm the Atacama 1, 2 and 3 proven reserves has been fully budgeted on a project management basis and equals $5 million dollars.
Required costs are substantiated for audit and review.
Our investment initiative must focus on a $5 million capital raise over the next year with a first tranche of at least $1 million dollars immediately.
The upside for the confirmation of gold ‘proven reserves’ for the Atacama 1, 2 and 3 holdings is almost too large to be believable.
An analysis of the ACRL position, similar to the KLG analysis for its new shaft, would yield a proven reserve in the $5 billion dollar range.
With a proven reserve pegged at a more realistic $1 billion dollars, the contribution to the market value of the company would be approximately $1 dollar per share.
Starting with an assumption that the ACRL common shares could end up valued up to $1.00 per share because of the proven reserve confirmation, the investor upside is as follows.
The investment offered with this capital raise is to sell the B shares at the equivalent of one cent per common share with a six-month hold. The investor, under even a worst-case scenario, should see a significant return in his ACRL investment
INFOGRAPHIC: THE TOP 10 REASONS INVESTORS SHOULD LOOK AT COBALT The CEO Ramblings that I have been sending out have resulted in a good amount of feedback, which I value.
It has become clear to me that those reading my ramblings are either active investors or potential investors.
All are seeking additional information about Atacama.
Many queries are about COBALT, which is one of the deposits we are currently exploring..
To many people this appears to be a rather unknown mineral.
In past Ramblings I have made an effort to explain just why the Company decided to pursue this product - largely because of the key role it will play in lithium-ion battery manufacturing for electric vehicles, for solar and wind energy storage, for smartphones, etc.
Having been designated as a "Strategic Mineral" has made cobalt an attractive new investment product.
The following article goes a long way to elaborate why you will be hearing a lot about cobalt in the immediate future and a number of reasons why you may wish to include it in your investment portfolio.
Since its discovery in 1735, there has been a growing interest in cobalt and its use in modern day applications.
Here, Ben Stafford, Materials Science Expert at online materials search engine, Matmatch, explains why cobalt has become pivotal to the wide adoption of electric vehicles and the development of the next generation of electronic devices.
While cobalt compounds have been used for centuries, it was Swedish chemist Georg Brandt who was credited with identifying the metal and showing how the element was responsible for the color in blue glass.
Cobalt became the first metal to be discovered since prehistoric times, with metals like copper and gold having no recorded discoverers.
Cobalt is not found as a free element in nature, but in minerals in the earth’s crust. In fact, most of the cobalt mined, particularly in Africa, is seen as a by-product of mining other materials like nickel, copper and silver. Today, cobalt’s status as a by-product is changing.
Pure cobalt is a hard, brittle metal, yet when combined with other metals, forms alloys which are highly resistant to corrosion and high temperatures.
For this reason, they are often used in the aerospace industry, such as in rocket motors and space vehicles, and in the energy industry in nuclear reactors and gas turbines.
At Matmatch, we see that cobalt-containing materials are becoming increasingly common for electroplating, industrial catalysts and powerful magnets, as well as being a key component in lithium-ion batteries to power electronic devices and electric vehicles (EVs).
While the total demand for cobalt is expected to reach 120,000,000 kilograms per year by 2020, a 30 percent increase from 2016’s figure, it’s expected that battery consumption will account for 60 percent of cobalt’s demand.
This is a 58 percent increase on battery demand reported in 2016.
The EV market shows no signs of stalling, with more car manufacturers following the lead of Volvo’s ‘all-electric’ initiative.
In light of this, more investors have begun seizing the opportunities along the vehicle electrification supply chain and as a result, the demand for lithium-ion batteries has significantly increased.
In fact, in 2016 global sales of EVs rose by 63 percent in the third quarter, compared to the same period the year before.
There is no disputing that the cobalt market has engaged the interest of financers and stakeholders, not just for EVs but also for other smart technologies and next -generation devices across various industries.
This includes the development of industrial and home grid energy storage systems, military drones and the batteries that power them.
While cobalt may have traditionally been used for its pigment, by comparing the properties of cobalt-containing materials, design engineers and original equipment manufacturers can widen the scope of their uses and applications.
Doing so will help create the next generation of smart technologies and applications.
PART TWO - $ACRL/ CEO RAMBLINGS - DECEMBER 21, 2018/ Annual Meeting of Atacama Resources International Inc.
Christmas-Wallpaper-Download.jpg MERRY CHRISTMAS AND HAPPY NEW YEARS I first wish to thank all of you who took time to participate in this year's Annual Meeting of Atacama Resources International Inc.
From all the feedback received to date I feel that I can call it a success.
The Board wanted to reach out and include as many shareholders as possible and therefore decided to hold it via webinar.
Special thanks goes out to the Company's Director of Corporate Communications, Mr. Allan Flasch for his technical abilities making it possible for investors to participate from Nome Alaska to the Florida Keys.
All the Board members made presentations as to Atacama's activities over the past year and commented on the Company's future plans.
A number of participants took the opportunity to participate during the Q and A session while others emailed in their questions to be answered but most either called members of the Board after the meeting or sent in their emails to them directly.
I am happy to say that every inquiry was responded to in full within ninety minutes from the close of the webinar. Dan from Wisconsin was interested in the two Apps the Company is offering and Don from Oregon asked how the Apps would help law enforcement re the Cannabis issue.
Esperanza from Texas asked about the Company's plans regarding a future reverse split. As CEO let me say categorically that the Board has no plans at all to do a reverse stock spit. none whatsoever.
Jose from New Mexico offered to help the Company if we aver wish to expand into Mexico.
We will see what the future expansion plans may be. Two New York based brokers called me after the meeting seeking clarifications regarding our exploration programs especially as they applied to cobalt and graphite.
They both felt that these were two up and coming minerals of the immediate future.
Considering the number of investors participating, this was by far the largest and most exciting Annual meeting that we have ever had.
Again, I thank you for your on going interest in the future of Atacama Resources International. Be sure to check out http://www.acrlintl.com
Thanks, Glenn, and don't be a stranger...call me 1 780 512 3805
ACRL
We acquire, develop, and attain strategic opportunities worldwide. Learn more about our 7 sectors below:
MERRY CHRISTMAS AND HAPPY NEW YEARS I first wish to thank all of you who took time to participate in this year's Annual Meeting of Atacama Resources International Inc.
From all the feedback received to date I feel that I can call it a success.
The Board wanted to reach out and include as many shareholders as possible and therefore decided to hold it via webinar.
Special thanks goes out to the Company's Director of Corporate Communications, Mr. Allan Flasch for his technical abilities making it possible for investors to participate from Nome Alaska to the Florida Keys.
All the Board members made presentations as to Atacama's activities over the past year and commented on the Company's future plans.
A number of participants took the opportunity to participate during the Q and A session while others emailed in their questions to be answered but most either called members of the Board after the meeting or sent in their emails to them directly.
I am happy to say that every inquiry was responded to in full within ninety minutes from the close of the webinar. Dan from Wisconsin was interested in the two Apps the Company is offering and Don from Oregon asked how the Apps would help law enforcement re the Cannabis issue.
Esperanza from Texas asked about the Company's plans regarding a future reverse split. As CEO let me say categorically that the Board has no plans at all to do a reverse stock spit. none whatsoever. Jose from New Mexico offered to help the Company if we aver wish to expand into Mexico.
We will see what the future expansion plans may be. Two New York based brokers called me after the meeting seeking clarifications regarding our exploration programs especially as they applied to cobalt and graphite.
They both felt that these were two up and coming minerals of the immediate future.
Considering the number of investors participating, this was by far the largest and most exciting Annual meeting that we have ever had.
Again, I thank you for your on going interest in the future of Atacama Resources International. Be sure to check out http://www.acrlintl.com
Thanks, Glenn, and don't be a stranger...call me 1 780 512 3805
ACRL
We acquire, develop, and attain strategic opportunities worldwide. Learn more about our 7 sectors below:
As one looks around the world, 2018 is closing on a rather low note although not news is all bad news. Let me explain.
The US Government is shut down. Political confusion is the order of the day.
Panic and fear reigns at the southern border with Mexico.
Mexico has a new left-wing President and a new left-wing Congress.
Venezuela is in turmoil and people are fleeing. Central America is violent and essentially non-functioning.
Much of the Middle east is devastated by war and ongoing fighting and violence abounds.
China's economy is slowing down and its trade wars with the USA has everyone guessing. Russia is a bully on the world stage causing disruption.
Europe is floundering, and is about to happen with totally unknown results but likely not good. Japan is going nowhere.
Much of Africa is struggling and some states are essentially non-viable.
Corruption is the reality. In the past, when there was so much uncertainty around the globe, people usually sought stability for themselves in the form of gold.
Gold is real. Gold is safe.
I believe that this all means that the demand for gold is about to increase in the months ahead and yet the number of new gold mines coming on stream in the next few years remains relatively meek.
The good news in all of this is that Atacama has three very promising GOLD properties in what is known as the Canadian Gold Camp in the mining friendly Province of Ontario.
As per the attached article, all this year end gloom and doom could be good news for current and future good investors and be good for Atacama. Glenn Grant, CEO, http://www.acrlintl.com
Gold is powering into the year’s end as global equities sink in the fourth quarter
on Friday and Thursday:
China: The economy slowed for a seventh month in December as the trade war, subdued domestic demand and decelerating factory inflation undercut growth, according to a Bloomberg Economics gauge.
Japan: Factory output dropped in November, the sixth contraction in eight months.
US: Consumer confidence slumped in December to the lowest since July as a gauge of labor market expectations fell by the most in 41 years.
Europe: The European Central Bank expects the global economy to slow next year as rising protectionism curbs trade growth.
In Washington, the partial U.S. government shutdown is likely to continue into 2019 after House Republicans said on Thursday they didn’t plan any votes this week and as the president sought to blame Democrats for a stalemate over funding for a wall that a majority of Americans don’t support, according to polls.
12-30-2018 FROM AH FRIEND/ $ACRL Could the Electric Car Company TESLA [TSLA] be Atacama's very best friend? YES Right in the very center of the Cobalt Camp are the cobalt claims held by Atacama. COBALT [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/591bc70b37c581f0802c6a2e/5bfd7caf352f531a61759816/1543454931414/Cobalt.jpeg?format=1000w[/chart] COBALT [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/591bc70b37c581f0802c6a2e/5bfd7caf352f531a61759816/1543454931414/Cobalt.jpeg?format=1000w[/chart]
Talk about being in the right place at the right time.
Could the Electric Car Company TESLA be Atacama's very best friend? YES COBALT is clearly the mining story of the day.
It has been designated as a STRATEGIC MINERAL by both the USA Government as well as the European Union.
Canada's major cobalt deposit is found in what is commonly called +++++ THE COBALT CAMP +++++ which is located north of the Canadian city of Toronto in the mining friendly province of Ontario. The Camp is surrounded by mining communities providing all of the necessary mining infrastructure needed to open producing cobalt mines.
The demand for cobalt is being driven by the emerging electric vehicle sector which is picking up pace worldwide.
In North America, while all the auto companies are developing electric models for this new market, the leader at the moment is clearly TESLA.
All of them, including TESLA, require electrical storage batteries which in turn requires cobalt as a key component.
Cobalt, both the town and the metal, are attracting renewed attention as a buffer to rising political risks in the Democratic Republic of Congo, which accounted for more than half the world’s 123,000-ton production in 2016, according to Natural Resources Canada. China and Canada were a distant second and third, each contributing roughly 6 percent of supply, followed by Russia and Australia. But as concerns grow about country risk in the DRC, even as demand swells, those smaller players stand to benefit.
“Anybody who has cobalt outside the DRC is in a better situation because carmakers are very worried about their supply chains,” said Roger Bell, director of mining research at Hannam & Parters in London.
Bell believes the amount of cobalt being used in electric cars could easily double in the next eight to 15 years. “Even in the most conservative assumptions, you’re looking at maybe a 20 percent gap between supply and demand for cobalt by 2025.”
Stock investors betting on cobalt are already benefiting. First Cobalt Corp., a Canadian miner exploring in the Cobalt area, has soared 90 percent this year. Cobalt 27 Capital Corp., another miner based in British Columbia, has jumped almost 600 percent. Neither company has any revenue.
As Congo Election Nears, Rioters Storm an Ebola Center and Unrest Grows
Delays of long-anticipated elections to replace President Joseph Kabila are adding to insecurity in a region plagued by an Ebola outbreak and militia violence.
I am especially proud to say that the development of our Atacama cobalt property, located dead center in what is known as Canada's COBALT CAMP, is one of our Company's priorities as we begin 2019.
I believe that the timing of this cobalt property development could not be better, for four main reasons.
One, the global demand for cobalt is expanding by the day as a result of the fact that cobalt is an important component for the storage batteries of electric vehicles.
Second, cobalt has been designated as a "strategic mineral" by both the USA and the EU.
Third, the Atacama cobalt property and the entire Cobalt Camp region is located in "mining country" with all the necessary mining infrastructure in place.
The fourth reason is the big one. 60% of the world's cobalt currently is sourced in the Democratic Republic of Congo (DRC).
Most of its 82 million inhabitants live in abject poverty.
it is one of the most impoverished nations on earth.
As a result of years of corrupt and violent governments the country is a social, political, cultural and economic "basket case".
Lawlessness and recklessness are the order of the day along with corrupt courts and 100 heavily armed militias rampaging the countryside.
Less than 2% of roads are paved.
Less than 10% of the population have access to electricity. 1% have any access to financial services. I could go on and on but I am sure that you get the picture.
It is time for the world to move to new sources of cobalt.
Corrupt politicians and their cronies make millions from the mines operating there while the people are treated like trash and receive next to nothing. Cobalt demand worldwide in increasing and the Canadian COBALT CAMP can help the world to meet this demand.
Atacama's claims are located right in the middle of the Camp. Right time and right place? You bet. I am Glenn Grant, CEO of http://www.acrlintl.com
ELEMENT GRAPHENE/Graphite [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2ed0f68a922d8f0fea9225/1546572851147/graphene-enhanced+rubber.jpg?format=500w[/chart]
ELEMENT GRAPHENE/Graphite [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2ed0f68a922d8f0fea9225/1546572851147/graphene-enhanced+rubber.jpg?format=500w[/chart]
As CEO of Atacama Resources International I am pleased to be able to announce that Atacama is about to be part of a technological revolution that is about to change the way much of the world will operate in the future.
It is referred to as a "Wonder Material" or "The material of the Future".
What I am referring to is GRAPHENE which is derived from graphite which is one of Atacama's mining properties near Kirkland lake, Ontario.
To my knowledge there are NO graphite mines in the USA and only two currently operating in Canada - one small mine operates only seasonally and one is predicted to be soon running out of graphite ore.
That's it, so you see why I am pleased to be able to announce that Atacama has a serious graphite prospect.
Graphene is one of the most promising semi-metals on the face of the earth, yet few people have even heard of it. Simply put, graphene is 300 times stronger than steel, thinner than a sheet of paper and is destined to become the "super material" of the technological future.
It is made up of a single layer of graphite that is only one atom thick.
Yes, one atom.
Not only is it strong but it is also flexible, transparent, highly conductive and impermeable to most liquids and gasses.
It is as light as foil yet can stop a bullet. Think about its application to air and space travel, to the military industrial complex, for heavy equipment and vehicles of the future.
its applications are boundless but it all requires graphite.
Do you see why I say that Atacama is planning to be part of this " tech revolution".
This, and the attached article, will hopefully go a log way to respond to all those investors who asked my why Atacama decided to pursue a graphite property as a part of its mining holdings.
University of Manchester and Inov-8 launch graphene-enhanced hiking boots The collaboration between the University of Manchester and British sportswear brand Inov-8, which started in 2017 and has already produced the G-Series range of graphene-enhanced shoes, has now also resulted in a pair of hiking boots which utilize graphene.
Similar Entries Inov-8 and manchester University launch graphene-enhanced shoes
Graphene-enhanced shoes poised to start a footwear revolution
The University of Manchester launches a new graphene company
The ERDF awards £23 million to Manchester University's national graphene institute
The University of Manchester and Masdar Institute launch joint graphene research program
The University of Manchester posts on graphene commercialization efforts
The University of Manchester to get a second £60 million graphene center
$ACRL/ CEO RAMBLINGS - JANUARY 4, 2019-PORTRAIT/CEO Blackwater PRIVATE FIRM INVESTOR
[-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2f78ee0e2e72ab9499fac5/1546615030753/Blackwater+Founder.jpg?format=1000w[/chart] Erik Prince, the founder of controversial U.S. private security firm Blackwater and an informal campaign adviser to President Donald Trump, is looking to raise as much as $500m to invest in metals used in the batteries that power electric cars. (Image courtesy of Miller Center | Flickr.) [-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c2f78ee0e2-e72ab9499fac5/1546615030753/Blackwater+Founder.jpg?format=1000w[/chart] Erik Prince, the founder of controversial U.S. private security firm Blackwater and an informal campaign adviser to President Donald Trump, is looking to raise as much as $500m to invest in metals used in the batteries that power electric cars. (Image courtesy of Miller Center | Flickr.)
BLACKWATER FOUNDER LAUNCHES FUND TO INVEST IN ELECTRIC CAR BATTERY METALS | MINING.COM
The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.
I am sure that most of you are aware of the USA firm Blackwater.
I will not say any more but to simply say that its founder left the firm a while back but has again entered the business world in a very progressive and aggressive way.
He, like those of us at Atacama, see the future as being a future including electric vehicles on a worldwide scale.
As the former Blackwater founder sees it, a mineral of the future will be cobalt, most of which is being mined in the Democratic Republic of Congo
- one of the poorest and most corrupt countries on earth.
There, cobalt mining occurs to keep unscrupulous, corrupt, dishonest and lawless politicians and their business cronies in place to continue exploiting the people for only their own gain.
Is this where the world wishes to source its cobalt?
I think not, especially when there are sources in Canada.
Atacama has a very promising cobalt property and we plan to be part of the action moving foreword.
Blackwater founder Erik Prince aims to raise as much as $500 million to invest in metals needed for making the batteries that power electric vehicles (EVs), the Financial Times reports.
Prince, who besides starting the controversial private security company is known for have been an informal campaign adviser to US President Donald Trump, said the fund will bring unexplored deposits into production and then sell them to large miners after four to five years.
The fund will focus mainly on cobalt, copper and lithium assets located mainly in Africa and Asia, Prince told http://www.FT.com.
“For all the talk of our virtual world, the innovation, you can’t build these vehicles without minerals that come from generally weird, hard-to-access places,” he said. LITHIUM [-chart]www.mining.com/wp-content/uploads/2019/01/li-ion-battery-boom-and-its-impact-on-raw-material-markets.jpg[/chart] LITHIUM [-chart]www.mining.com/wp-content/uploads/2019/01/li-ion-battery-boom-and-its-impact-on-raw-material-markets.jpg[/chart]
Metals such as cobalt, lithium, nickel and copper have seen demand soar in recent years as the shift away from cars powered by fossil fuels gains momentum and mining companies are investing billions of dollars into developing deposits of those key commodities.
Experts expect the need for the commodity from battery makers alone to jump 650% by 2027, while overall demand is forecast to rise more than threefold in the next nine years.
Prices, however, are projected to drop in the early 2020s as a result of an ever-rising number of projects expected to come online.
Wave of lithium supply coming online. (Source: BMO Capital Markets.)
Prince sold Blackwater in 2010, after it was hit with a series of lawsuits. Since then, he’s been running Frontier Services Group, which provides integrated security, logistics and insurance services in frontier markets and is backed by Hong Kong investor Chun Shun Ko and China’s CITIC Group.
Frontier has also invested in a bauxite mine in Guinea, and identified a copper and cobalt deposit in the Congo.
Prince’s sister Elisabeth Dee DeVos is Trump’s education secretary.
Smart Investors for those who are inclined to be able to do so. If arranged, a $1 a share for me is good enough for a .000's investment, call me greedy.
The investment required to fully confirm the Atacama 1, 2 and 3 proven reserves has been fully budgeted on a project management basis and equals $5 million dollars.
Required costs are substantiated for audit and review.
Our investment initiative must focus on a $5 million capital raise over the next year with a first tranche of at least $1 million dollars immediately.
The upside for the confirmation of gold ‘proven reserves’ for the Atacama 1, 2 and 3 holdings is almost too large to be believable.
An analysis of the ACRL position, similar to the KLG analysis for its new shaft, would yield a proven reserve in the $5 billion dollar range.
With a proven reserve pegged at a more realistic $1 billion dollars, the contribution to the market value of the company would be approximately $1 dollar per share.
Starting with an assumption that the ACRL common shares could end up valued up to $1.00 per share because of the proven reserve confirmation, the investor upside is as follows.
The investment offered with this capital raise is to sell the B shares at the equivalent of one cent per common share with a six-month hold. The investor, under even a worst-case scenario, should see a significant return in his ACRL investment
Market Data 
Markets 
AI
