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Bullboard - Stock Discussion Forum Banca I.F.I.S Spa BNCIF

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

GREY:BNCIF - Post Discussion

Banca I.F.I.S Spa > Rail line within 10 km from Big North Graphite
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Post by bossman on Mar 28, 2014 10:09pm

Rail line within 10 km from Big North Graphite

On getting to the finish line, Mr. Kletas explains, “We bought three past-producing amorphous graphite mines in Sonora. The great thing is that they were existing mines that shut down due to the price. All the infrastructure is already there. The roads are already in, the rail line about 10 kilometers to the west of us, there’s a ready and available work force only 45 minutes away in the city of Hermosio. So its got all the benefits of being a very mining friendly district.
Comment by oneinvestor on Mar 28, 2014 10:21pm
Hey Boss,  The whole picture looks ready doesnt it!   I like these guys alot and baught in after watching GPH fly nicely and along way from production.  Potential here is great short and long term,  will have to see how big the next and I also believe sooner than later NR regarding production timelines and or sales deal comes out. KInda wierd someone wanting to unload that ...more  
Comment by bossman on Mar 28, 2014 10:28pm
Ya that is strange. I am holding long on nrt as i honestly feel that it is a great company with great growth ahead. At what point do you think nrt will get a buy out offer?
Comment by oneinvestor on Mar 28, 2014 11:23pm
Good question!  If they can get 3 mines producing in a year it could be in that time frame !  Partnership perhaps.  It s getting too much press to sit at this level for long !   The road show they are on now precludes something good I say.    The share structure is great with 68m man it could really rock    imo
Comment by MakeMeMoney on Mar 28, 2014 11:53pm
I would rather see production for NRT...even if I have to wait for an extra year... will make it worth more for all us longs I think.
Comment by MakeMeMoney on Mar 28, 2014 11:48pm
I did some research into rail lines for El Tejon. They do exist but they are usually washed out yearly and need re-work. These are the rail lines that BNG will need to use in order to do proper shipping to a lot of the possible LOI buyers. Including Tesla in a few years when the plant is built...if BNG gets a LOI with them... that is a big part of what Tesla wants is a Rail supply line. The have ...more  
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