OTCQX:SREMF - Post by User
Comment by
JEEDon Apr 10, 2012 10:11am
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Post# 19775265
RE: these cars suk
RE: these cars suk VERY STRONG INSIDE OWNERSHIP AND COMMISSIONING OF THE PLANT BEGINNING AT THE END OF 2012 AND A RAMP UP THAT TAKES ABOUT 10 MONTHS TO GET THE PLANT RUNNING AT FULL CAPACITY. IN OCTOBER 2013 THEY WILL BE IN FULL PRODUCTION. 20,000 TONNES A YEAR 14.9 YEARS OUT. COST OF MINING IS 3,165. A TONNE. MARKET VALUE IS ABOUT 6,000. PARTNERED WITH MITSUI AND CO & LTD. TO MARKET THERE PRODUCT IN ASIA. NOT TO MENTION THERE ARE TWO BATTERY MANUFACTURERS IN QUEBEC. POTENTIAL FOR LARGE SCALE GRID STORAGE IN QUEBEC. FURTHERMORE COMPANIES LIKE HOSTESS ARE RUNNING ELECTRIC VEHICLES IN THEIR FLEET NOW AND MORE ARE CERTAIN TO FOLLOW. THIS STOCK IS A MAJOR SLEEPER. YES THERE IS A 50 MILL. LAWSUIT. PERHAPS ANOTHER BUYING OPPORTUNITY IMHO. THIS STOCK HAS HELD UP REMARKABLY WELL COMPARED TO OTHER JUNIOR MINERS IN THE LAST COUPLE DAYS. PATIENCE, OUR DAY IN THE SUN IS COMING.