GREY:ARGEF - Post by User
Comment by
LANNY9on May 26, 2010 11:30am
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Post# 17132283
RE: RE: RE: RE: RE: Still don't get it....
RE: RE: RE: RE: RE: Still don't get it....canada7, you did challenge me on my right to speak, that was very evident. And to ease your mind, I am not suzanne2 or anyone else, I have been known as lanny9 for many, many years. I do not hide from people who are bashers nor pumpers, I take them on head to head and as such we have this conversation going on.
I do challenge the fact that they have a process that works. For you to come on here and state that they do is very misleading at this point and time. NMR is out of the equation at this time, meaning that Oretech is starting from scratch with their process. Their process has not been tested on this ore and if it has been and you are privy to this information I would challenge you that you are indeed an insider, because they have not released any results. What you need to understand is that all ores react differently, meaning this ore is not the same as some V, Ti and Fe ore half way across the country. The ore has to be tested, retested and scaled up in order to prove the process out on the level that would need to be used to commercially extract the metals. This has not been done and therefore I submit that they do not YET have a process. I am not saying that it won't work out, but at this point nobody can tell you 100% that it will work and everything is a done deal. I have a lot of confidence in NMR, the team has a lot of patents and the results to date that they have shown look very promising but they have done very little with this company as there was in fact a split. I would hope that they can work out whatever difference there may be and that they will be able to work together as the very preliminary results looked good.
Look, we both want to see this company succeed, just that I want to see them go one way and you want to see them go another. There is a process that looks like it may work and they decided to go another way, even though the results looked fantastic. They have Oretech starting to work on it now and have no results as of yet with ore from the site, it may work out but I have a feeling that they would get better results using the NMR process(just my opinion) and I hope that they have left a door open for NMR. I don't think pride should ever get in the way when we are talking a publicly listed company, it is the shareholder's best interest that should be taken into account, is it not?