Post by
Drhoho on Aug 16, 2021 6:49am
?Titanium, Iron ore, Sodium metallurgy ?
So much involved in element separation in mining an ore body. For LGO it's Vanadium initially, followed by announced Titanium plans from its tailings, and recent Sodium contamination in its Iron ore from its tailings making the Iron ore for some reason unusable. Is it possible to separate and extract the Sodium to make the Iron ore usable in China, Brazil and everywhere? Those who have followed my posts know that I have raised the Alberto Arias and Lee Cooperman significant share positions in LGO and Sierra Metals (SMTS), which the latter this morning announced on their website and in a SEC 6-K filing adding Iron ore in their tailings to the Gold, Silver, Copper in their Bolivar, Mexico mine production. Very detailed production and financial news release. I suggest LGO release a detailed metallurgical report of their planned tailings management for me and all to understand.
Comment by
jcw604 on Aug 16, 2021 9:09am
This is a lesson learned. Don't jump the gun. You need the steps to do mining. Metallurgy study producing the NI 43-101 reports. PEA and everything, with IRR business plan. The market will give you the needed money.