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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
Post by Nickel77on Apr 19, 2013 7:20pm
210 Views
Post# 21279671

more positive by the day

more positive by the day

 

I have found it a little harder to get an informational update out of Hamza Thindal lately.  In my opinion, I am taking that to be a very positive sign that turns into confirmation of a completed deal within the next few weeks and maybe sooner. 

Not only did it sound as if Hamza Thindal was confident that MDL is close to a deal, it also appears the market is also showing its confidence by the increase in share price this past week.  Considering the issues the World has witnessed lately, MDL has certainly been on the winning side compared to so many others.  

Someone asked a few days back if Management were back from the E.  I asked that question and was told everyone is back, with the exception of Sothi Thillairajah; apparently he is expected back this weekend.

Now if we can only convince JDFry to buy in, we just might have one happy board next week.

Have a great weekend.

 

Bullboard Posts