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i3 Interactive Inc BLITF

i3 Interactive Inc. is engaged in the business of providing customers with an online and mobile gaming platform, which provides sports fans worldwide with an engaging social gaming product, and sports betting and casino product offering. The Company operates in three geographical jurisdictions: India, Canada, and the United States. The Company operates through brands and platforms, including Blitzbet, Blitzpoker, and Blitzpools. Blitzbet is an online sports book and casino brand operated by the Company’s subsidiary, Deluxe Crown B.V., under a master license granted by Curacao. The Company operates Blitzpoker through its subsidiaries in India, Redrush Online Private Limited and Esperanza Gaming Private Limited. Blitzpoker is an online poker platform, which provides residents of certain Indian states with free to play poker games, as well as pay to play poker games. Blitzpools is an online fantasy platform available on Android, iOS, and desktop.


GREY:BLITF - Post by User

Bullboard Posts
Post by Tommer3on Dec 23, 2014 10:12am
120 Views
Post# 23259184

FMR Buttercup project from inception to permitted - 8 MONTHS

FMR Buttercup project from inception to permitted - 8 MONTHS
Was doing some research on other aggregate companies in this space..... thought it was worth mentioning a few things that I uncovered. 

Probably the most notable is how Fairmont brought the property in 8 months through all the hoops and obtaining all the permit approvals;  Mining surface permits, hydro power line access permits, tree and road access permits, road construction permits, environmental permits and the BE-ALL extraction permit.

It's a fact that Fairmont was the only aggregate permit issued in Quebec in 2014 and only took 8 MONTHS!!!

The other item from the news release is that Fairmont has set a goal to "put one project into production each year" and has their sights set on a silica project for the next conquest.

The other companies I studied have taken years and some decades to get there permits.  Kudos to management for finding the path and gaining the valuable experience to fast track this process.  I am betting they can "hit repeat "and follow the same procedures to meet the mandate of getting properties into production within 12 months moving forward.

2015 looks like it will be a good year with cash-flow filling the coffers and with advancing other properties trough to the permit process.

Warm regards,

Tommer3
Bullboard Posts