Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Clean Air Metals Inc V.AIR

Alternate Symbol(s):  CLRMF

Clean Air Metals Inc. is a Canada-based platinum and palladium exploration company, advancing its flagship, 100% owned Thunder Bay North Critical Minerals (TBN) project, 40 kilometers (km) northeast of Thunder Bay, Ontario. The TBN project, accessible by road and next to established infrastructure, hosts two deposits - the Current and Escape deposits, only 2.5 kilometers (kms) apart. The TBN project comprises of three historical projects: Thunder Bay North Property, Escape Lake Property and Escape North Property. The Thunder Bay North Property consists of around 300 unpatented claims (1456 cell units) covering an aggregate area of 29,725 hectares (ha). The Escape Lake Property consists of 20 unpatented claims (20 cell units) with an area of around 561.3 ha. The property is located 2.1 km west-southwest of the Current Lake Deposit and is completely surrounded by TBN claims. The Escape North Property consists of 24 unpatented claims (67 cell units) with an area of over 1722 ha.


TSXV:AIR - Post by User

Bullboard Posts
Comment by tkellyon Jan 13, 2010 12:23pm
251 Views
Post# 16673754

RE: RE: Wow merger news!!

RE: RE: Wow merger news!!"The combined entity will also seek to raise the requisite amount of working capital to execute its business strategy."

This is a hint to investors that the company intends to raise some funds - probably at much higher prices.  Take a look at the past financings that have been done at the $1 to $2.50 levels to fund R&D.  Now the turbine is commercialized and this merger will provide the marketing and distribution channels in the USA.  They shouldn't need much money as the customers will put down deposits to buy the turbines.

Also, Cleanfield has received Canadian government grants in the past and Obama is pouring money into the Alternative Energy sector at an ever increasing rate.

TK   
Bullboard Posts