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Volt Carbon Technologies Inc V.VCT

Alternate Symbol(s):  TORVF

Volt Carbon Technologies Inc. is a Canada-based carbon science company, with specific interests in energy storage and green energy creation. The Company’s operations are focused on exploring mineral properties and developing its air classifier technology. The Company holds mining claims in the provinces of Ontario, Quebec and British Columbia in Canada. The Company’s wholly owned subsidiary, Solid Ultrabattery Inc., is focused on developing its battery technology. The Company operates through two segments: Research & Development, and Mineral Exploration. The Company holds mineral rights and multiple historic molybdenum properties in British Columbia and a graphite property in Quebec, which include Red Bird Property, Mount Copeland Property, Lochaber Property, Manitouwadge Graphite Property and Abamasagi Lithium Property. The Company operates a battery fabrication facility in Guelph, Ontario, and a carbon research facility in Scarborough, Ontario.


TSXV:VCT - Post by User

Comment by analyzethaton Feb 21, 2014 4:06pm
131 Views
Post# 22236566

RE:RE:RE:RE:RE:RE:RE:RE:RE:I'll be most curious to see just how the BOD here is going

RE:RE:RE:RE:RE:RE:RE:RE:RE:I'll be most curious to see just how the BOD here is goingHey MiddleGround.  Regarding CCB, once the site plan is approved by the ministry, depending on how much they want to quarry, they would need either a class A license if removing more than 20,000 tonnes or a class B license for 20,000 or less.  So there is still a process obviously but no 43-101 is needed for a quarry.  This is a two edged sword though.  While a company may generate cash flow from quarrying,  the time frame needed to do so would be longer as the process takes time (ie licenses, permits, loading, hauling, marketing, sales etc).  

Out right financing is quick.  So the financing route would get a company to the NI 43-101 stage quicker which would (or should) see investment interest in the project increase and reflect in the share price quicker as well.  Of course this is assuming the NI 43-101 is positive.  
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