InvestorsHub Logo

saildone

04/14/20 4:10 AM

#23486 RE: gitreal #23485

Shady and flaky, and mining scam, harsh words.
Do you know anything about this company? Other than that you haven't heard about who they are dealing with? Seems to me that you are arguing from ignorance.

A Dinosaur

04/14/20 8:22 AM

#23487 RE: gitreal #23485

Do you recall how long it took for mining companies to adopt cyanide leaching/Merrill-Crowe processing? Or again to activated carbon, electrowinning?

Any new technique, even a major improvement to an old one, is usually adopted very slowly at first. Mining companies have a MAJOR capital investment in the "current" method, whatever it is. That makes them resist change, even if it kills them. A good example of that, even though it isn't mining, just capital intensive, is Ma Bell. It was POTS or nothing...until MCI, et al, ate their lunch.

Dino