Envirometal Technologies Inc
Envirometal Technologies Inc
I AM NOT A FINANCIAL ADVISOR. I am just sharing my thoughts and picks of some interesting stocks I am looking at. I am not being paid anything from Envirometal Technologies Inc. In fact, they are not even aware of my existence. I guess if they checked they would see I currently maintain 2,000 shares. It is not a large amount to most people but it is an amount that is substantial for me. Right now it is worth slightly over $410 worth at current value.
Future of Mining
The product and processes they are bringing to the world is really big news. I do not want to spit out the technical stuff that is easily readable online in a 5-minute search. My goal is to capitalize on a portion of companies like this because I can acquire a higher number of shares. I need this leverage to make an optimal return. I do hold some First Majestic (AG) but I cannot afford enough shares to make a significant windfall. I am hoping to find a company that is golden and destined for a profitable future. Aren’t we all?
Gold miners that adopt technologies such as EnviroMetal’s innovative sustainable recovery solution can make gold mining operations safer, more environmentally friendly, and still positively impact the financial bottom line. This is what ALL companies want!
Companies are under continued mounting pressure from shareholders to expedite the shift toward leaner metal production. Not only can this company provide a ‘green process‘ for extracting precious metals from ore. A higher yield of metals in a significantly shorter processing period spells statistically provable results.
EVLLF
I was drawn to this stock while I was looking to find some mining stocks. Everything I read about this class of stocks points to something that is big. EnviroMetal Technologies Inc. is developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the primary and secondary metal industries. EnviroMetal extracts precious metals from ores concentrate and E-Waste by deploying its proprietary non-cyanide, water-based and neutral pH treatment process.
In short, they can change the way metals are recovered from the massive piles of dirt the mines sift through. They possibly have the formula to turn mining into a much greener industry.
Green is Good!
The projected 3% conversion to EnviroMetal for the processing of these concentrates will have a dramatic effect on the CO2e emissions, reducing these emissions by over 1,370,000 tonnes per year. There are numerous benefits for a gold miner to adopt the EnviroLeach process rather than shipping concentrate to smelters.
These include:
• Lower process costs – higher profits
• On-Site gold production –immediate payment
• Less material handling
• No overland transport or shipping fees
• No smelter penalties
• Low Carbon (CO2e) footprint
• Environmentally friendly process
• Lower assay variance/bias
• Reduced foreign taxes
• Potential government rebates & Carbon Credits
Financials…?
I do not want to regurgitate what is available online so here is the link to the company page.
OPINIONS?
Like I said in the beginning. I am not an advisor and wanted to know the thoughts you may have. I have bought other stocks but this is the initial one I would like to discuss from the generic page. of this website.
As with most people, there is limited money to play with. We know the direction silver is moving towards will be epic. We want to financially take advantage of that knowledge. This is the time to be positioning ourselves for that move. I will always stack silver but if the right stock is picked the profits could be exponential.
My opinion is that the price of gold will be like the high tide coming in. It will raise all the stocks that deal in precious metals. The right stock pick at his point in time would be a life-altering decision your future self will gladly thank you for.