CSE:FTEL - Post Discussion
Post by
waves1 on Nov 17, 2021 3:26pm
$FTEL as a key component in Biden's Infrastructure Bill
First Tellurium ($FTEL $GODYF) is up 23% and climbing after suggesting its two assets could be key components in realizing President Biden's Infrastructure Bill
The bill calls for:
- Further development of the local supply of raw materials and to rely on fewer imports from countries like China
- Moving America off the sidelines of manufacturing (sustainable) resources to grow supply chains
- Rewards for companies paying good wages and sourcing materials from the US
- Applying tax credits to encourage the use of solar power systems and batteries as well as ease the process to obtain permits
The assets:
- Polymetallic Deer Horn Project in BC with tellurium, gold, silver copper and tungsten
- Klondike tellurium-gold property in Colorado
Tellurium efficiently absorbs sunlight and converts it into electricity so its primary use is for manufacturing films essential to photovoltaic solar cells. Plus, it can also be used to form a compound that exhibits enhanced electrical conductivity.
Solar power is leading the way for governments to lower their carbon footprints and solar installations are expected to double by 2023 and quadruple by 2030.
I'm feeling super bullish about $FTEL as this is a massive opportunity for them. This bill is likely going to be a huge catalyst IMO.
https://www.yahoo.com/now/first-tellurium-strategically-positioned-benefit-121500284.html
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