Post by
OKFINE92 on Nov 27, 2023 7:56am
Greetings
I have not posted for quite a while and had to make a change to sign in.
In any event, it remains a very long wait for that first big torch order (why I bought in the first place years ago). However a couple of things keep me in this: Inco did spend over 6 mil just to test 4 torches.
Inco have indicated numerous, mostly weather related reasons for the testing not being complete.
However, I believe the #1 reason was they were waiting for the feds to come up with some $$.
As thet have now announced billions for "green" projects, and are desperate to get some $ out the door, the time is now. With their current poll position, they will be looking for any positive press opportunities. How about the significant greening of pelletisation?????
OKFINE
Comment by
paul03 on Nov 27, 2023 8:13am
Inco was bought by Vale a long time ago. It's believed the 4 torches are Rio Tinto (IOC) due to the information out there and connecting some dots. it appears Vale did purchase the one torch but are doing things at their own pace. Not as much confidence in that one anymore but we'll see. Never know until you know. Ya know?
Comment by
OKFINE92 on Nov 27, 2023 8:50am
I meant to say Rio Tinto in my earlier post; they bought and are testing the 4 torches. OKFINE
Comment by
COGT on Nov 27, 2023 9:15am
$50 billion in ITC payments announced over a year ago still not passed yet. Apparently soon though.... Companies wait around as they're not going to budge until the Feds make good on their green promises. Funny that the ITC payments will actually put people to work and benefit the environment,but the government drags their feet. Google it up. GLTA
Comment by
OKFINE92 on Nov 27, 2023 9:38am
I think Trudeau is desperate to change the headlines. A big green announcement could start to turn the tide (likely too little too late for him). OKFINE
Comment by
COGT on Nov 27, 2023 10:04am
Solid advice,but Trudeau and his flying monkeys have a problem recognizing the obvious. All about control and not about what's best because that would require empathy and understanding of commoners. Hurry up and wait until visionaries and big business lead us out of this mess. It won't be government GLTA
Comment by
tamaracktop on Nov 28, 2023 8:19am
Please provide a scintilla of evidence: "The cement industry is taking notice of Pyrogenesis torches..."
Comment by
Mostlyserious on Nov 28, 2023 8:50am
Uncleron significantly changing his unbridled exuberant tone. Never thought I would see that day. It could actually be a good thing given how wrong he was all the time. No pumping and real discussion is a good think for most readers on these forums. Never gonna get there but when one of the biggest pumpers starts wavering, there is a sliver of hope.