RE:RE:AU REVOIR, ADIOS, ARRIVEDERCI, CHOWPatrick2Linton wrote: Dont forget that Volt was charging GEM $50,000 per ton to process. GEM has no money to explore or to process. Dead money as stated months ago. Who is going to write a cheque for financing with the current share structure/ overhang. Just hope to keep the lights on for now. Tic Toc Tic Toc. Jupiter property payments due in October. Cheers mate.
From EPR's press release on July 12...
Exploration update
During June, the company collected a total of 1,037 kilograms (1.037 tonnes) comprising four bulk samples from three graphite showings located on the southern claims of the Tetepisca graphite property. The samples, shipped from Baie-Comeau, have been received at Volt Carbon Technologies Inc.'s dry separation facility in Scarborough, Ont. Volt will be completing metallurgical test work, including production of graphite concentrates and graphite flake size distribution analysis, from each of the samples. The company is also initiating preliminary mineralogy and geochemistry studies from field replicates and representative cuts of the bulk samples.