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Clean Energy Transition Inc V.TRAN

Alternate Symbol(s):  GCRIF

Clean Energy Transition Inc. is focused on opportunities to generate positive cash flow, across the energy transition. The Company includes a Quartz division focused on advancing its silica/quartz business with the Snow White Project in Ontario and the Silicon Ridge Project in Quebec. The silica in high-quality quartz can be used to make silicon metal, a key component in solar energy panels. The Snow White project is located in northern Ontario, 500km north-northwest of Toronto, 105km west of Sudbury. It is just over 40km by road from the town of Massey- 25km on highway and 15km on logging roads. The property comprises ten claim units within three staked unpatented mining claims totaling approximately 160 hectares. The Silicon Ridge Project is located approximately 40km north of the City of Baie-Saint-Paul, which borders the north shore of the Saint Lawrence River in central Quebec. Baie-Saint-Paul is about 100km northeast of Quebec City and approximately 350km northeast of Montreal.


TSXV:TRAN - Post by User

Comment by paulindoonon Aug 07, 2021 11:49am
231 Views
Post# 33668314

RE:RE:RE:Summary

RE:RE:RE:SummaryGiving up....NO absolutely not yet by a long shot
The valuation of RRS with (outstanding) 34.9M shares X $0.09 (last rade) = $3.141M.
YET RRS has 6.6M shares of EVNI X (anticipated) IPO @ $0.75 which would equal $4.95M that asset ALONE is 58% MORE than the current market cap of RRS.
And need I mention that the Stone business is proving it’s success, returning cap back into RRS coffers!!!
Guess investors lost confidence after the Que gov’t declined to issue the mining permit for Silicon Ridge! But to some extent or other, RRS Wil recoup the exploration $ it invested into the project.
so I'm bullish re future of RRS's .... all things taken into account.
And more kudos to Sean & Paul for their fortitude & ability to carry out the successful rescue of RRS from the "brink" after MFFP put a hold on permit mining of Silicon Ridge.
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