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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
Post by charmed3timeron Jun 22, 2018 5:09pm
199 Views
Post# 28216206

it was ridiculous to ever entertain the idea of ....

it was ridiculous to ever entertain the idea of ....it was ridiculous to ever entertain the idea of bashing SR like the dissidents were.

I agree that an Africa is bad bad BAD place to invest in  mining venture.... HOWEVER...

It was never worth trying to wrest control of the company from  SR.

The man has made me substaintial money numerous times.

As far as Exall energy is concerned it only crashed because the industry was collapsing and countless other small cap oils also crashed too. It was a market wide phenomenon.

I completely  support SR and voted so. I bought SYI/GLO for the zinc,  But I remain highly skepitcal and leary of any african mining venture. 
Bullboard Posts