Post by
Canadude on Nov 17, 2015 10:22am
Iberian Minerals To Amalgamate With Mineworx Technologies
Brilliant move guys!
https://www.stockhouse.com/news/press-releases/2015/11/10/iberian-minerals-options-to-acquire-advanced-wollastonite-project-in-spain
"The world-wide business opportunities, including Spain, that this portable extraction technology presents cannot be overstated," states Greg Pendura, CEO of Iberian. "In the current environment, there are hundreds of smaller mineral deposits and potentially economic tailings opportunities worldwide that could benefit from this innovative technology and unique business model. The low capital and operating costs of the Mineworx model unlocks the value of many smaller deposits that do not justify the cost of a conventional plant and infrastructure. Mineworx is strategically positioned to provide a viable solution to this under-served market and enable Iberian to realize potential short term cash flow with little capital requirements or risk of mine performance and volatility."
Comment by
smallcapstocker on Nov 17, 2015 10:56am
This is huge! These guys are moving and shaking.