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Gabo Mining Ltd V.MDL

Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.


TSXV:MDL - Post by User

Bullboard Posts
Comment by tes1936on Feb 19, 2013 10:14am
101 Views
Post# 21009284

RE: News Release Corporate Update

RE: News Release Corporate Update

People will complain that it's not much of an update but obviously they can't go into specifics at this time and although the time delays are frustrating just remember, they still have a low float and plenty of money in the bank. If they kept trying to raise money through PP's over the time they have worked on this deal, then yes it wouldn't look good but they haven't asked us investors for a dime. Believe in management people, the good times will be worth waiting for!!

Bullboard Posts