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Bullboard - Stock Discussion Forum EnviroMetal Technologies Inc C.ETI

Alternate Symbol(s):  EVLLF

EnviroMetal Technologies Inc. is a Canada-based company. The Company is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its... see more

CSE:ETI - Post Discussion

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Post by bailey2 on Sep 16, 2021 9:34pm

Disturbing

Is the fact that ETI only has 62 tons of PCB's in inventory. Which is around 8 days supply at 1 ton per hour or 4 days supply at 2 tons per hour. 

Equally disturbing is the recent SEDI insider posted on Sept 16 that on August 31 the CEO of Envirometals sold 500,000 shares. Looks like at around 32 cents? Seems like a lot of sellers are doing the same as the CEO. 

Well, at least the mining pilot plant is functional, apparently. glta
Comment by Jsaw44 on Sep 16, 2021 10:09pm
they processed 57 tons Q1, 94 tons Q2, they have 90+ tons either in stock or are in transit for processing this quarter plus they are got the 1000L pilot plant up and running to process the gold ore and concentrates from Ocean Partners that they secured a couple months ago. Sounds like growth to me. Might not be as fast as I'd like to see it, but supply chains are screwed from covid.  I ...more  
Comment by Jsaw44 on Sep 16, 2021 11:15pm
They processed 57 tons in Q1, 91 tons in Q2, and they are planning on doing 90+ tons in Q3 plus they have the gold ore/concentrate plant running with their partnership with Ocean Partners.  Covid shipping issues are hurting their supply, but E-waste collectors within North America who would normally ship to a 3rd world nation are also having shipping issues and will find Envirometal to ...more  
Comment by Jsaw44 on Sep 16, 2021 11:26pm
Also, they have only done 300 tons of E-waste in total. having 62 tons on hand is very acceptable to me since they are in the middle of turning their phase 3 plant into their phase 4(final) plant. You can't be reycling e-waste and be remodling your plant at the same time.  They already said a couple months ago that in Q4, they would have the final plant ready (phase 4). This is all as ...more