IBERIAN MINERALS LTD V.IML

Iberian Develops New Eco-Friendly Solution to Cyanide Mining

[Canadude]

Wow!

This could be HUGE.......

News Release:

https://www.stockhouse.com/news/press-releases/2016/07/26/iberian-develops-new-enviro-friendly-alternative-to-cyanide

[smallcapstocker]

Just extraction of valuable metals from eWaste is over 20 Billion per year industry. And then the leaching uses in mining on top of that. This is potentially bigger than HUGE...

[JamalAhamed]

took position today... do they have any customer... how economical both process compare to existing process... thansk

[smallcapstocker]

Jamal I am convicted you will be well rewarded on your position. The cyanide replacement according to the metsolve results released today show they are the only product that can be recycled in usage. Along with safety and efficacy we will have a winner on our hands. Figuring out the best approach to monetize will eventually come. Places where cyanide is increasing being banned will have no other

[JamalAhamed]

any idea when vulture pick or foothill mine will start production?  trying to figure out what kind of reserve they have

[smallcapstocker]

Should be soon if not already. As far as reserves...the beauty of it is we are confined by these conventional metrics. We get 90% and the land owner gets 10%. When it runs dry we move the machine as there are literally thousands of areas down there that could benefit from this technology. Plus we want to produce more gold we just make more machines and keep going. The economy of scale, low capex

[smallcapstocker]

Sorry we are NOT CONFINED by conventional metrics...typo

[smallcapstocker]

Also it looks like Metsolve is a very creditable laboratory, they are owned by Sepro Group Worldwide and if they are putting their backs behind this then distribution for the HM X-leach/cyanide replacement will see commercialization in short order

[helioft]

Up to my knowledge these are quite experimental technologies that are being tested currently. On a recent news they said "Mineworx is currently in late stage development of its new, patent pending hard rock HM X-tract unit. This environmentally friendly, portable, heavy mineral extraction unit will be available for mine site deployment in late summer 2016". The fact that they went for a

[helioft]

Also, recent inside accuisitions atm price (5c) of some substantial shares duirng May and Jun makes this look like a nice story is folding up

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can anyone guess how many shares EXX is still holding

[helioft]

On a recent article dating somewhere begining of July https://files.ctctcdn.com/a49071db201/55cab533-f701-4b57-8c20-bda101d4f9e5.pdf The author estimated the remaining shares of EXX to be around 10m. They do not need to disclose that anymore. Let's hope this number has decreased on the last 3 weeks.

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they provided people with good chance to get in thanks