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EnviroMetal Technologies Inc C.ETI

Alternate Symbol(s):  EVLLF

EnviroMetal Technologies Inc. is a Canada-based company, which is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its proprietary and patented chemistry technology extracts precious metals from conventional mine products, including gravity, flotation and pre-treated refractory concentrates. Its chemistry formulations recover gold from gravity and flotation concentrates. Its pipeline technology In Situ Recovery (ISR) is an extraction method for multiple metals. ISR used as a primary uranium extraction process in the United States and internationally. ISR offers a sustainable solution for the gold mining sector.


CSE:ETI - Post by User

Comment by raiderlanceon Apr 27, 2020 4:19pm
161 Views
Post# 30959332

RE:RE:Against the current

RE:RE:Against the current

Everything macman said is accurate.  Please remember that was a pre CCP virus statement.  Soon after the share price dropped by 50% and ETI opened up and lowered the private placement buy-in.  


a little bit more on Duane's statement:  as mentioned by Macman, Duane said essentially trust the management team, the major hurdles are out of the way, and the company will not look the same after Q2.  Since then the partnership regarding the in situ mining launched, the Jabil LOI got released, and The LOI for the catalytic converters got released.  


im openly biased and pro ETI on this one.  However, I have a time horizon of 5 yrs.  I think Macman is correct in the short term, this has been and probably will be "dead money" With the possibility of going lower if recession/depression comes about.  But I respectfully disagree with Macman because I'm willing to let my position sit, and add to it at lower levels, for the potential upside.  I suck at timing so I'm not willing to exit and enter.  sorry for the rant. 


in summary to your question, yes Duane addressed the slide in share price and asked for trust and patience, and then (in my opinion) offered the new ETI slide deck (presentation) as justification for why shareholders should hold on to the stock.  

Thanks for joining the club newbie


 

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