Post by Jsaw44on Sep 16, 2021 10:41pm
213 Views
Post# 33875839
Thoughts on Envirometal vs Mineworx
Thoughts on Envirometal vs MineworxETI and mineworx have the same market cap right now, I think ETI is the clear winner.
They have the IP, they have a pcb recycling plant, they have 40% ownership in group 11, they have a 1000 liter pilot plant for processing gold ore and concentrates with a partnership with Ocean Partners.
Mineworx has an old iron ore mine with plummeting iron ore prices, a 100 liter pilot plant (this is the size of a bathtub people!!) for catalytic converters, and a key employee who just quit because he got sued by envirometal.
I went on linkedin and I have discovered that Shervin Peivast has left Mineworx in July 2021 and he is currently looking for new opportunities
He was named a defendant on the envirometal lawsuit in June
Which company would you put your money on?