Gabo Mining Ltd V.MDL

Metals & Mining Industrial Metals & Minerals

Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.

TSXV:MDL - Post by User

Gabo Mining Ltd > Id Be

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Comment by aushedson Mar 28, 2022 10:10am

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Post# 34551634

RE:RE:Id Be

No it doesn't, news release was quite clear:

"Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN – “Medallion” or the “Company”), is pleased to announce signing of an exclusivity agreement (the “Exclusivity Agreement”) with a private North American research company (the “Research Partner”)"

Quite obvious the target is a PRIVATE company, not a listed entity such as Ucore or Geomega, neither of which would add any value to MDL relative their mkt caps, particularly the gross excess so evident in Ucore.

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