Creso Exploration Inc CRXEF

RE:RE:RE:RE:RE:RE:Does anyone know what the status with this is ?

[ministerfinance]

The real money for the new company is in franchising the technology to gold miners throughout the world. What will the gold producers pay for this patented process technology?
Nichromet presented a technical paper to the World Mining Congress and stated higher gold recoveries than existing cyanide technology, 10-15% lower capital cost for the processing equipment and chemicals and 24-48 faster processing times. I personally like the idea of the new processing technology being a closed loop system to recycle the chemical reagents and water resulting in the elimination for the need of a tailing pond and producing barren solids to easily satisfy enviromental regulations. The Nichromet system is able to to yield higher gold recoveries for finer gold grain  ores by as much as 40% and a minimum of 3% for larger gold grain ores.
I see a minimum 2% NSR percentage as their share of franchising their technology. This would result in a $5M royalty for a gold mine producing 200K ounzes annually.
I am sure the new company will also be lobbying government agencies to outlaw the cyanide technology for far improved and  "greener" processing system. This will ensure a continuous revenue stream to drive the sp even higher.
The new company will also be processing Creso tailings and prove up the real value of their properties for even more value.
Good luck to the longs and if there is no selling then the sp will only go higher!