RE:RE:Group 11 Project at Rattlesnake Hills is Cancelled I'm not so sure, Canadian Goose. Yes, Envirometal wrote down the $750,000 investment value they initially obtained on the Group 11 deal, and they state the project as currently unfinancable, but that doesn't mean the project is closed. This month's investor presentation from Encore Energy (part owner of Group 11) has a bullet point that says: "Investing in new technology: Group 11 Technologies, working to revolutionize environmentally-friendly mineral extraction of other metals by combining two proven technologies; in-situ recovery with environmentally-friendly solvents". My gut says this is an accounting move more than a strategic one. I'll bet if you contacted Envirometal, they would tell you there is still a future for Group 11.