GREY:MGXMF - Post by User
Comment by
eyenowuteyedunoon Jan 26, 2019 2:13pm
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Post# 29285136
RE:RE:RE:the jury is out
RE:RE:RE:the jury is out Hi Tcheck, I agree the mineral extraction end of things has a ton of upside. It also needs to be remebered that the reason they are setting up in the oilsands to begin with is that they are offering a cheaper, more efficient and environmentally friendly alternative to tailingsponds. If they continue to prove profitability for themselves and cash saving for the bitumen extraction, then they will scale up massively and make huge $$$. And that's just the oilsands. There are many other mining operations that could benefit from this tech. Europe would be a great market to consider since wet tailings ponds are illegal in many countries and other much more expensive methods are deployed to deal with the biproducts of mining. Lots of upside here.