GREY:SIXWF - Post by User
Post by
Swiftracqueton Jun 23, 2021 7:16am
204 Views
Post# 33432965
Mining tech too expensive or not competitive?
Mining tech too expensive or not competitive?I have been following Rio mining stock since it was announced that they were testing Sixth Wave's mining techonology but there has never been an update on the test results or progress of the relationship, however RIo just announced that they have selected which company they will use for leaching and it's not Sixth WAve. https://stockhouse.com/news/press-releases/2021/06/22/rio2-selects-run-of-mine-leaching-for-the-fenix-gold-mine
In my opinion this is a little concerning because I figured the IXOS tech should have been perfect for the RIO mining project.
Anyway, I am not posting to be negative, just trying to figure out how Sixth is going to be competitive in the real world. They have great ideas but they need companies to buy their tech.