GREY:ECMLF - Post by User
Comment by
Goldie38on Jan 30, 2019 11:40am
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Post# 29296365
RE:Management?
RE:Management?Specinterest wrote: No one knows what is going on, is this company still operating in a CTO? No Filings, no information, not news...too damn quiet out there.
It has been a couple years since I have contacted management. At the time they had procured an offtake agreement for the manganese and had actually begun shipping it to port. But as usual with this company something happened and the shipment was put in limbo and they wound up in court for the 1000th time. All of this stems from the JV with Alto Tocantins from years ago, when Ecometals assumed ownership of the mangaenese stockpiles. These people have been doing everything in there power to pretty much put Ecometals out of business for years, tying them up in a crooked court system. It is possible they are actually still operational behind the scenes, but it's been so long it's quite possible they aren't. The manganese $$$$ was what was going to get them back in business, so if that didn't happen there is no money to finance their other operations. I will attempt to find out if anything is going on still and report back if I get a response.