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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

EnviroMetal Technologies Inc > Options granted.....
View:
Post by bailey2 on Jun 10, 2022 7:28am

Options granted.....

Well I guess they couldn't go any lower than the last pp raise at 25 cents for issuance of options. Who would have thunk that options given out March 24, 2017 at 25 cents would expire worthless in March 2022. They are pretty much replacing those, and giving themselves that much more, in the options awards that " shareholders voted for" at the agm many years ago. At least they didn't give themselves options at the current closing price, like a lot of these struggling companies do....The news in May was old news, as the production of gold was talked about in a webinar at the beginning of the year. Whatever happened to the two mining companies that were trying the formula , in the press releases in the fall of 2021? No updates. Secrets, secrets, no updates to shareholders of any significant news. So far, 5 years later, only empty promises to DMR subscribers and the odd "jewel" of information relayed to shareholders. Really looking forward to that Japanese based company to build out the ewaste facility in Japan and a number of facilites in North America. I wonder what the shareholders that have been involved in the last number of pp's at 25 and 30 cents are thinking right about now? Tons of their warrants are expiring in December. Play the game, pay the price? Or is there a rabbit being pulled out of a really worn, 5 year old hat? Time will tell... glta
Comment by djstone56 on Jun 10, 2022 3:12pm
As long as they've looked after themselves I guess! It's a shame they didn't feel the need to actually execute on something and get the s/p up, so the participants in the last 3 financings weren't under water. Having them exercise their pp warrants has got to be an easier way to get money into Company coffers than trying to do a 4th financing, given how the last three have worked ...more  
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