Post by
bailey2 on Oct 10, 2022 7:48am
Recycling of PGM's
While shareholders of Generation Mining are waiting for approval to mine pgm's and years to build a mine, why not throw a few bucks at a pgm recycler that is going to start recycling diesel catalytic converters by the start of 2023. Their environmentally friendly process can extract platinum, palladium and now rhodium from spent diesel cc's. (smelters don't want them) It seems a long wait for return on investment to build a mine. You also get Newco shares in a copper play by investing in this company.
Buy Mineworx mwx.v at 4 cents. They have 5.1 million in cash, a promising diesel cataytic converter recycling business, and an added bonus is you get free shares of a spin out NEWCO called Iron Bull minng which is going to be publicly listed very soon. For more information check out the aritcle posted on the mwx board. Iron Bull is a copper play, with an overlay of the Cehegin Iron Ore play in Spain that has been bought for 20 million (newco shares from Mineworx.) Genm will be good in the future, but Mineworx and Iron Bull are happening now. Check it out. There is very little wait. The recycling of diesel catalytic converters has been validated with a pilot plant and commercial production is targeted for the start of january 2023 or sooner. The record date for spin-out with newco shares for Mineworx shareholders should be announced very soon......
It at least worth a look.....
Comment by
Sacks48 on Oct 10, 2022 9:08am
You forgot to mention that they have 350 million outstanding shares after a 2-1 reverse split. That is me just glancing I'm sure if i dig deeper will find other stuff. Ty for the heads up