RE:Checkout Hillcrest Resources HRH
I would be very cautious of HRH for a variety of reasons... First, extraordinary claims require extraordinary evidence and HRH has done little more than release the same talking points over and over since the LOI was announced on April 28. No description of how the technology operates has been provided. A reasonably thorough search failed to turn up anything about the patents or even information on the partner company Oropass Ltd. I did however find an address for that company (circa 2016). A look at Google maps reveals a 'state-of-the-art' facility where they possibly worked on the technology for the "last 20 years" complete with what I can only assume is a prototype vehicle on the test pad. Have a look for yourself:
1. McGuire Crescent,. Uxbridge, Ontario L9P. 1G7
Further, the forums are rife with posters such as Empire here who are brand new and likely just boilerroom accounts looking to recruit bagholders.
Frankly, an 80% efficiency gain is extremely impressive and it's difficult to believe that a patent holder would have trouble bringing that technology to market without the help of a struggling oil junior for the paltry sum of $500,000 to secure what amounts to a 50/50 partnership in what would be an extremely lucrative licensing deal. Perhaps I'm entirely off-base, and I did want this little tip to be true when I came across it a few days ago, but it just smells of shenanigans.