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canyoncreek

01/11/12 3:13 PM

#743 RE: Peggy #732

EboJr

yep, you have good reason to be suspicious. RAPT laid off the guy doing their website updating so Tom has no one to do that.

EVGI and RAPT claim in chats with both sets of executives the Washoe ore actually was and continues to be a EVGI deal (although unannounced). The original 2000 ton/year Washoe plant is dead quiet - parts being borrowed to keep other stuff running.

This is side deal for the DRR folks, if works makes them some cash and they go merrily down the road.

the rest of the PR you started is as follows:

EVGI will initially be using a smaller system located in Groveland Florida, which has been designed to extract rare earth elements from complex ores. Traditional leaching methods have been unsuccessful in yielding significant amounts of precious metals from complex ore bodies. EVGI will be maximizing this opportunity as pilot program to crack these complex ores. EVGI is working with its joint venture partner, Raptor Technology Group, to determine the optimal design and method to process the ore supply. EVGI believes this may represent a tremendous opportunity for the company in developing an affordable, cost effective system that can process complex ores in a commercial setting. The company hopes to develop a system that can process as much as 2 to 3 tons daily of these complex ores representing significant value.

So is in Groveland, is not EVGI's big processor and the only other systems are at Raptor. Would be logical that Raptor would do the processing, we just may not be seeing that facility/processing agreement.
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canyoncreek

01/11/12 3:56 PM

#745 RE: Peggy #732

Ebo I am one of those destitute free IHUB posters, so have to post in public, no problem, I ain't hiding from EVGI.

Lots of holes in each of the posted PR's. Same for RAPT. Both are struggling, is reflected in the non-existant market and bottom-dwelling share price. EVGI has a slim window of opportunity if they can convince the rumored investors to dump money in. Lots of new faces seen in Groveland this week.

Their bio-diesel facility is dead quiet, no trucks coming in or out. Access doors are not even open showing RAPT finishing the facility - likely one needs more cash and the other does not have the cash to provide.

Neighbors to the metal facility are sleeping better because the air compressor is not running. Air compressor not running = facility not pumping process fluids and filter press not opening to collect the valuable precious metals = no liquid to their ion exchange = no possibility of precious metal on the resin.

maybe news on DRR next week.