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Abacus Mining and Exploration Corp V.AME

Alternate Symbol(s):  ABCFF

Abacus Mining & Exploration Corporation is a Canada-based mineral exploration and mine development company with a focus on copper and gold. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in Canada and the United States of America. The Company holds interest in KGHM Ajax Mining Inc., which is focused on the exploration and development of the Ajax Project located near Kamloops, British Columbia. The Ajax Project comprises eight Crown grants, including the historic Ajax East and West pits. It also has an option to earn approximately 75% ownership interest in Willow Property. The Willow property is located approximately 65 kilometers southeast of Reno and approximately 13-kilometer due west of Yerington, Nevada, in the Buckskin Mountain Range. This property covers four porphyry copper deposits, namely Yerington, Ann Mason, Bear and MacArthur.


TSXV:AME - Post by User

Comment by canneon Apr 02, 2015 1:20pm
68 Views
Post# 23592271

RE:More EV news

RE:More EV newsHad an interesting talk with a guy who has a friend that owns a Tesla(I don't know which model) The owner lives in Calgary and has a summer cabin on Shushwap. In summer, driving there is no problem - in winter no way, as he has to run the heater to keep the windshield from freezing up and the car warm enough that he doesn't solidify. Seems like electric cars are most practical where summer is not too hot (air conditioning) and winter is not too cold (heating) and driving distances are limited. Good luck with your new EV NF. 
I read a post about powerline constraints and the author premissed that a lot of copper would be needed to upgrade infrastructure for charging EVs. As a former power company worker, I can assure you that powerlines are not made of copper, they are made from aluminum which has a steel core for strength. Copper is too expensive and it is heavy making the cost of supporting structures higher as well. The only copper used would be for the EV outlet. The real increase in demand would be for generation capacity and transmission/distribution (aluminum) conductors.
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