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Bactech Environmental Corp C.BAC

Alternate Symbol(s):  BCCEF

Financial Services Industrials Banks - Global
BacTech Environmental Corporation is a Canada-based company, which specializes in environmental technology. The Company uses a process called bioleaching to recover metals like gold, silver, cobalt, nickel, and copper, while also safely removing harmful contaminants like arsenic. By using its proprietary method of bioleaching, it can neutralize toxic concentrates and tailings. Its technology utilizes bacteria to extract precious and base metals and has been traditionally used to treat difficult-to-treat sulfide ores and concentrates. It plans to apply bioleaching technology to abatement and reclamation projects to remove the harmful elements such as arsenic and sulfur from the environment. It has identified the Ponce Enriquez area of southern Ecuador as an area where its bioleaching technology can be deployed for environmental processing of locally produced concentrates from mining and tailings reclamation. It continues to evaluate other projects in South America and Central America.


CSE:BAC - Post by User

Bactech Environmental Corp > NPV up 50%
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Comment by rockmoneyon May 05, 2023 11:24am
141 Views
Post# 35433011

RE:RE:NPV up 50%

RE:RE:NPV up 50%
Worse is the balance sheet. Check out the audited FS for Dec 31 2022.

Cash: $10,000
Current Liabilities: $2,900,000

Ouch.
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