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Bullboard - Stock Discussion Forum Co2 Solutions Inc COSLF

CO2 Solutions Inc is a Canada-based firm engaged in the development of proprietary technologies for capturing and producing of carbon dioxide. The company is focused on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery... see more

GREY:COSLF - Post Discussion

Co2 Solutions Inc > Bye bye VCQ
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Post by Bobby24 on Sep 21, 2018 7:55am

Bye bye VCQ

According to the newspaper Le Devoir, a report by the Conseil de gestion du Fonds vert says that millions of dollars of public money was spent on initiatives that were poorly documented. Some of this money went to research related to carbon capture. I wonder how much longer CST will stay afloat if it does'nt manage to comnercialise it's solution. Time for a real update on the progress of this cie.
Comment by LucasDupola on Sep 21, 2018 8:05am
This post has been removed in accordance with Community Policy
Comment by HyperCube on Sep 21, 2018 2:06pm
CST has managed to commercialise its solution. See Serres Toundra and Resolute Forest Products in St-Felicien. If VCQ should be shutdown (unlikely in my opinion) CST's expenses would go down. The St-Felicien project wouldn't provide enough funds to run CST sans VCQ, but they wouldn't need much more. CST usually spends much more than what the St-Felicien project brings in, but that is ...more