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Highbank Resources Ltd V.HBK

Alternate Symbol(s):  HBKRF

Highbank Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties in Canada. The company's project includes the Swamp Point North project.


TSXV:HBK - Post by User

Bullboard Posts
Post by jetstreamon Aug 04, 2015 8:35pm
97 Views
Post# 23989100

LNGaggs

LNGaggs
I do not see HBK aggs being used for the LNG structures or for storage/transport.
Rather, for the pipelines. Coming down the canal underwater, laying on the bottome these pipelines
require a bed of aggs under and on top.

The Nisga'a lava beds where the pipeline also passes causes a pipeline to vibrate which causes it to slowly sink. the solution is a bed of aggs. We are talking a lot of km's here.

The LNG facilities will probably come on a barge, prefab.

I am more excited about the container terminal and the pipelines. The container terminal is going to be trippled in size and this will involve aggs.

With the pipelines and the container terminal alone there are not enough aggs locally to deal with this.  And there is so much more that requires aggs.

Even if HBK does not get some of these contracts, the demand for aggs will increase greatly over supply. As they have to come from farther away the price per tron goes up and up.
Bullboard Posts