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Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Global Atomic Corporation provides a combination of high-grade uranium mine development and zinc concentrate production. It has two principal lines of business: the processing of electric arc furnace dust (EAFD) obtained from steel companies in Turkiye through a Waelz kiln process to recover zinc concentrates that are then treated by zinc smelters (EAFD Business); and the acquisition, exploration and development of uranium properties in Niger (Uranium Business). Its Uranium Division is developing the fully permitted, large, high grade Dasa Deposit. Dasa is a high-grade sandstone-hosted deposit with mineralization across a range of horizons from Jurassic to Carboniferous in age. Its Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a modern zinc recycling plant, located in Iskenderun, Turkiye. Its joint venture partner, Befesa Zinc S.A.U. (Befesa) holds a 51% interest in and is the operator of the BST Joint Venture.


TSX:GLO - Post by User

Bullboard Posts
Comment by charmed3timeron Dec 22, 2017 5:51pm
135 Views
Post# 27219665

RE:RE:Silvermet announces private placement for 3 million dollars

RE:RE:Silvermet announces private placement for 3 million dollarsCurious as to when the rollback and merger finalizes...

Will we get a new trading ticker symbol...?

Again, I reiterate that I as an investor, almost never ever EVER put money into african ventures.

This (SYI) will only be my second time ever (and it wasn't by choice!) being invested in a banana republic. The first was decades ago and needless to say, it was a complete bustout....

I was happy with my profitable little zinc smelter operation, that did indeed have longer term prospects of growing...

Best case scenario we can hope for, is that once the boys have siezed control of the uranium assets, that they spin it out into a separate vehicle. (How ever unlikely that is...)
Bullboard Posts