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EnviroMetal Technologies Inc C.ETI

Alternate Symbol(s):  EVLLF

EnviroMetal Technologies Inc. is a Canada-based company. The Company is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its proprietary and patented chemistry technology extracts precious metals from conventional mine products, including gravity, flotation and pre-treated refractory concentrates. Its chemistry formulations recover gold from gravity and flotation concentrates. Its pipeline technology In Situ Recovery (ISR) is an extraction method for multiple metals. ISR used as a primary uranium extraction process in the United States and internationally. ISR offers a sustainable solution for the gold mining sector.


CSE:ETI - Post by User

Post by yogingo1on Sep 11, 2020 2:32am
340 Views
Post# 31540946

due diligence taking place ?

due diligence taking place ?2 months ago in the last Morgan interview Duane promised a Commercial agreement  within 30 days with a very large European entity . 60 days later NOTHING !!  , which is the reason the latest  " Company update" was issued  in which we were advised that due diligence was being exercised by a couple of potential parties. If there was something genuinely happening soon ???   ,why bother with issuing a meaningless update,which contained nothing new.
Incidentally, most of the Gold produced & mentioned   in the"update" was produced by Golden Predator last year using gravity leaching process,not by our  Envirocircuit
As to the Corona virus being blamed , Duane declared Commercial production in November last year & it was not until March of this year that it became more challenging to source supplies.
The Enviroleach circuit   production to this day has not been verified by a 3rd party .
Using common sense & connecting the dots,with Jabil spending $Millions & walking away,no other agreements signed with anyone else in sight , no production taking place and  staff laid off & money running out shortly, no wonder shareholders are in doubt  & despair by now.
The chartists on the site would have noted that we're sitting right on the neckline of a large head and shoulder formation,which if broken has no support until 20c which is where the journey started 3 years ago.

 

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