Storage of Electricity – #Batteries & BIG imageThis discussion provides the current and future of of Li, G, NAM; H2O and more…
After Fukushima REBECCA JOHNSON 24 March 2011 https://www.opendemocracy.net/5050/rebecca-johnson/after-fukushima
LONG TSX-V: GGG $0.25 OTCQB: $GPHBF $0.19, July 28, 2016 Graphene 3D Lab Introduces New Type of Single Layer Graphene Material:
http://www.graphene3dlab.com/s/news.asp?ReportID=757543&_Type=News&_Title=Graphene-3D-Lab-Introduces-New-Type-of-Single-Layer-Graphene-Material
$GLFN – http://galenfeha.com/ and #Gummune
…
Author: arch1 Comment: http://www.stockgumshoe.com/2016/03/microblog-club-house-for-the-discussion-of-religion-politics-and-other-unmentionables-volume-5/comment-page-17/#comment-4886050 New development for battery research to make electric vehicles practical and cost competitive…
Best2You ~ Benjamin @H0U3
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
Very interesting article: The Breakneck Rise of China’s Colossus of Electric-Car Batteries
https://www.bloomberg.com/news/features/2018-02-01/the-breakneck-rise-of-china-s-colossus-of-electric-car-batteries
Note the planned IPO.
Look at what the gas car did for the US in the 20th century.
The Chinese may do the same for China in the 21st with EVs.
China and Electric Cars
http://www.ozy.com/fast-forward/chinese-startups-put-the-pedal-down-on-electric-cars/83684?utm_source=dd&utm_medium=email&utm_campaign=02022018&variable=1320ee92bd760dee5472359da9f332fc
#no ticker China, Energy, Transport, and Electrification
The Chinese economic strategy is quite brilliant in the energy and transport sector and has a lot of ramifications for investors. I do not claim to understand all of the implications but the outline of what is happening is pretty clear.
1. Take all the bogus USD they have been getting and buy real hard assets with them before everyone realizes that the Emperor Has No Clothes. Buy foreign businesses like entertainment, news, real estate, mines, food production. Buy gold. Anything that is a tangible asset or that makes a profit.
2. Reduce dependence on foreign oil, which is a massive drain and supports politically non-aligned or even hostile governments (Saudis, USA)
3. Create a powerhouse alternate energy system with anything but oil:
solar, nuclear, hydro. Go electric and upgrade grid, decentralize with solar
4. Clean up pollution which is creating domstic dissatisfaction. When the EV thing is ready to go, then turn open the spigot on car and truck consumption with the domestic population; but not before, because the money goes to foreign companies and imported oil and creates pollution. Kick out Uber, make things tough for Amazon and Apple and start your own e-platform powerhouses. Get the money flowing in, not flowing out.
4. Secure the raw materials needed for electification, especially battery materials. Buy cheap assets in Africa, Canada, Australia, South America. See #1, 2, 3, 4 above.
5. When the vehicle thing is going, then go after aviation.
Note that all the components needed, especially strategic metals, are either domestically available or locked up in neutral or stable jurisdictions.
It is a strategy that is completely understandable from the point of view of Chinese interests.
***
A very simple principle comes to mind:
What the Chinese want to buy, I want to own it, or be long in it.
What the Chinese want to sell, I want to be out of it, or short.
***
Speaking simply and practically, as an investor, the Chinese need raw materials
and food.
On the other hand, the output of their factories is not something I would be excited about competing against, for example in cars and trucks, TVs, iron rebar, or anything you can find at Walmart or Home Depot, food and lumber excepted.
The picture is a little unclear in batteries. . The Chinese want to buy batteries from domestic makers, but they also want to sell them. Like many people I have some reservations about Chinese securities, and moreover I am not excited by big caps; although one of the articles posted said Warren Buffett in into BYD.
**
There is a similar alignment of interests between the European industrialist and the Chinese establishment, insofar as both need energy that is not dependent on oil, and both depend on the export of manufactured goods. I think mainly of Germany here, which has one of the largest export businesses in the world, based mostly in high tech and high value added items.
#Very_perceptive HendrixNuzzles + tolga_kumovaI https://twitter.com/KumovaTolga/status/959644274173382656 just don’t understand why tall poppy syndrome exists in Australia. Every time I am in the USA they pat you on the back and say well done. You should do more! Why can’t we develop this culture as a nation? Why does this image need to exist?
Media and journalists control perception. Why not promote people for trying and even more so if they exponentially succeed. All they are doing is creating opportunities in our country for others. This is why I only speak to a couple of journalists that I trust.
Push people, promote people, inspire them to do and be more. That’s how you make a country great.
Maybe because Americans forgot how to talk to each other!
We have created such competition for the newest/coolest thing that there is no room to plan for something as large as a cultural necessity. God forbid we try and understand our fractured and broken political system.
On another note, the other thing that keeps pecking at me is I am very afraid that only one or two systems will become the only method chosen for batteries…like that bitter war deciding that VCR’s needed to be VHS and not Beta. I see many more varieties needed, but you never know.
edski…I was in the electronics business during the VHS wars and saw how timing, price, market share and marketing can lead to an inferior technology winning dominance.
Technology quickly overtook video tape and both
formats are now vintage junk at the flea markets, along with 45s, reel-to-reel, long playing vinyl records, 8 tracks, audio cassettes,
camcorders, transistor radios.
Why I am cautious in tech manufacturing. Remember Zenith and Magnavox ? How about Kodak ?
Yes I do! Funny, but they are popular now! Oh Irony.
Zenth, Magnavox, Kodak….all eventually out done by foreign imports.
Technology keeps the economic wheels greased, whether by design or necessity.
Young-un’s don’t believe me when I show them a 2 inch video tape head, and tell them to compare it to their iphone.
I’m going to go listen to my 8 track now………
When I began in retailing there were no CALCULATORS.
You had to figure out everything in your head.
I worked for a 16 store chain, the buyer would come in and say something like: “OK I got a deal $ 56.70 a dozen for the large and $ 49.20 a dozen for the medium and 32.20 for the small. Pack is 12 on the large 18 medium ,and 24 each on the small.
Write me a $75,000 order and fix the retail prices so that we get 48.0% including the freight. Need it by lunch with the store distributions. And where are those orders I gave you yesterday ?”
Even in accounting and payables there were no electronics. Armies of people with manual adding machines. called “comptometers” and stacks of paper. This was in the second half of the 20th century, in 1970’s.
No reel-to-reel ? I had a Sony.
Heh heh….reel to reel?????I’d never invest my money into one of those……I wanted the newest thing that there would ever be….8 track tape with the obligatory Trini Lopez, Mantovani, and Dave Brubeck tapes.
#Vanadium
I’ve been away for a few days so this may have been posted. If it’s as good as they make it sound, it could have serious implications for VRB’s.
https://www.natureindex.com/article/10.1002/anie.201703399
thanks sunriverjoe. Looks like something to keep aware of.
Lab status in China and the U.S.
I looked at Medallion Resources TSX.V:MDL OTC:MLLOF, no position, 4-5 years ago and thought I would see if they were still around in five years I would give them another look. Lo and behold I received an e-mail msg this morning from Medallion. This is an enterprise going after low production cost REE. With all that is happening in the EV and battery markets Medallion could have a place in the current demand for Rare Earth Elements. I was initially skeptical re the radioactive properties of Monazite (contains Thorium and trace Uranium), that was before I was aware of Thorium’s value which is gaining momentum also (e.g. Lightbridge, NASDAQ: LTBR, NP). MLLOF trades thinly and has been quietly progressing over the years, it may be worth a look. There is no mine to build, only a processing facility and bulk transport. We know REE’s are in demand and common, just not economically feasible to produce based on REE volume in most cases.
Medallion is focusing on NdPr: Neodymium and Praseodymium, collectively known as NdPr, are metallic elements that belong to the lanthanide group of the periodic table.
Long-term success for NdPr is linked to the heavyweight automotive and industrial power industries. NdPr has the potential to follow in the footsteps of Lithium in experiencing a long-term increase in demand alongside advancing energy technologies. While Lithium is used for energy storage, NdPr is used in both the generation of electricity and its subsequent conversion to mechanical energy for vehicle propulsion (RFC Ambrian, 2018).
Medallion has been at it for a while and is focused on low cost production of a proven resource available from cast-aways of current mining operations and found abundantly in beach sands. If a global cooling trend is actually underway (no, I am not going into a survival mode here), beaches will expand significantly during the coming years. Medallion’s team appears to meet investor experience and competency requirements, it is a well rounded group IMO. And it is dirt cheap. Best.
$FYI – A new type of solar cell is coming to market
https://www.economist.com/news/science-and-technology/21736122-perovskites-have-potential-outshine-silicon-solar-panels-new-type?fsrc=rss
note: the new solar cells are more efficient in a different wave length than silicon solar cells when combine their efficiency is better the stand alone cells.
MGXMF/MGX—Long….From S&P Global…. https://www.platts.com/latest-news/metals/newyork/feature-extracting-lithium—-todays-gold—-26884400 ….Cowboy
Excellent post Cowboy Thanks for all you do great stuff.
$MGXMF long
Cowboy, off-topic but I am worried about the situation in Heart of Darkness and you said you have a big position. Check out news releases in last two months.
$PLLS.asx np – Excellent field trip to Piedmont Lithium’s project in North Carolina $PLLS attended by @amiller_bmi and @sdmoores https://twitter.com/benchmarkmin/status/959542089804546048
In HendrixNuzzles’ backyard? FYI: If I post a twitter link, the statement above the link is by the tweep. I may add a “thank you” or some such, and/or a comment after the link.
Sorry I am not on twitter of facebook. There used to be a lot of mining in NC.
Gold, even. Reed’s Jewelers was founded by a guy who found a 35 pound gold nugget near Charlotte.
Rongke Power….Private, in China. ( as far as I can tell )….I had saved this article on my computer screen and forgot to post it some time ago when we were discussing the batteries that I prefer because they don’t burn. Another battery manufacturing company in China. Don’t seem to be in the hairball in China, but is another name to remember… https://spectrum.ieee.org/green-tech/fuel-cells/its-big-and-longlived-and-it-wont-catch-fire-the-vanadium-redoxflow-battery Please excuse if posted previously…Cowboy
Rongke is just in a different hairball. There’s a different hairballs in China.
We just stumbled into one.
The one we found has an axis between central China and Shanghai, Pretty much along the Yang-tse River. But there’s others. We hope our hairball expands, and gets really big and successful.
Rongke is in a pretty important hairball. The got the contract for the world’s largest solar install in North China.
My response on Ron Kay went into mod-a-ray-shun. Don’t know why. It’s been an hour.
Spearmint Closes Private Placement
Spearmint Resources Inc. (“SRJ” or the “Company”) (SRJ—TSX.V) (SPMTF—OTCBB) (A2AHL5–FSE) announces that it has closed a non-brokered private placement (December 7 & December 13, 2018).
James Nelson, President states, “We are pleased and grateful to our shareholders for the response to this placement. We are now fully cashed up to undertake multiple work programs in Nevada, Quebec and BC. We plan to commence operations this month and look forward to very active 2018.”
Terms of the placement consists of 3,833,845 flow-through units (the “FT Units”) at $0.065 per FT unit for gross proceeds of $249,200, as well as 15,000,0000 non flow-through units (the “NFT Units”) at a price of $0.05 per NFT Unit for total proceeds of $750,000. Each FT Unit will consist of one flow-through common share (a “FT Share”) and one non-flow through transferable share purchase warrant (a “FT Warrant”). Each FT Warrant will entitle the holder to purchase one non-flow through common share (a “FT Warrant Share”) at a price of $0.10 until January 29, 2020. Each NFT unit will consist of one common share (a “NFT Share”) and one transferable share purchase warrant (a “NFT Warrant”). Each NFT Warrant is exercisable to purchase an additional common share (a “NFT Warrant Share”) at a price of $0.08 until January 29, 2021.
An aggregate finders’ fee of $35,376 and 629,908 Broker Warrants was paid in connection with the private placement. The B Warrants are each exercisable at $0.10 per share until January 29, 2020. All the securities issued in connection with this private placement have a hold period that expires on May 30, 2018. Proceeds will be used toward the Company’s working capital, a work program in Nevada, as well as work on the BC Golden Triangle properties and the Quebec vanadium assets. The private placement is subject to final approval of the TSX Venture Exchange and was originally announced on December 7, 2018, and amended on December 13, 2018.
If you would like to be added to Spearmint’s news distribution list, please send your email address to info@spearmintresources.ca.
Contact Information
Tel: 1604646-6903
http://www.spearmintresources.ca
“James Nelson”
President
Spearmint Resources Inc.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
About Spearmint:
Thank you for your interest in Spearmint Resources Inc. Spearmint Resources is a Canadian junior resource exploration company dedicated to the aggressive pursuit of world class mineral deposits. The company is focused on assembling a portfolio of low risk, high reward properties at the exploration stage and developing them so as to maximize shareholder value. Several upcoming project milestones make this an exciting time period for Spearmint’s corporate growth potential. As you can see there are many compelling reasons to look at Spearmint immediately.
Spearmint’s current projects include a portfolio of lithium projects comprising of the ‘Clayton Valley Lithium Prospects’ in Nevada comprising of two claim blocks totaling 800-acres bordering Pure Energy Minerals (PE.v), and three lithium projects in Quebec including the 4,485-acre ‘Pressiac Lithium Prospect’, the 524-acre ‘Whabouchi Lakes Lithium Prospect’, and the 2,636-acre ‘Whabouchi Lakes West Lithium Prospect’.
Spearmint’s ‘Chibougamau Vanadium Prospects’ comprising of five separate claim blocks totaling 9,735-acres borders the vanadium deposit of BlackRock Metal’s (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc. (VRB.v) and Vanadium One Energy Corp. (VONE.v).
Spearmint’s current projects also include three areas of focus on gold in British Columbia; the ‘Golden Triangle Gold Prospects’ comprising of four separate claim blocks totaling 4,095-acres bordering GT Gold Corp (GTT.v), the ‘Gold Mountain Prospects’ comprising of three separate claim blocks totaling 1,245-acres bordering Barkerville Gold Mines (BGM.v), and the 3,052 acre ‘Neba Prospect’ bordering Aben Resources Ltd (ABN.v). Spearmint’s 8,482 acre ‘EL North’ Nickel-Copper Prospect is a contiguous land package that includes the ‘EL North, EL North 2.
Current Projects
Lithium Properties:
Clayton SRJ.jpg
• The “CLAYTON VALLEY LITHIUM PROSPECTS” – Spearmint Resources Inc. has acquired two separate claim blocks in Nevada that are prospective for lithium known as the Elon property and the McGee property which cover an aggregate area of 800 acres. These two separate claim blocks border Pure Energy Minerals’ (PE.v) Clayton Valley project and Cypress Development Corp’s (CYP.v) property. Pure Energy is in the only known lithium-bearing brine in North America that is in production and Spearmint is very pleased to be in this area. Historic and present drill programs in adjacent and nearby properties are suggestive of the potential for the discovery of lithium-bearing brines.
Of the 91 samples collected during the phase 1 work program, and submitted to ALS Minerals in Vancouver, B.C., The highest sample value obtained was 1,630 parts per million, with an overall average value of 843 parts per million lithium. Twenty-three of the 91 samples achieved values of over 1,000 parts per million. The samples ranged from a low of 285 parts per million to the high of 1,630 parts per million. Spearmint Resources is currently awaiting approval of the notice of intent submitted to the Bureau of Land Management’s office in Tonopah, Nev., the approval of which is required before drilling activities may commence.
President James Nelson, stated, “We are very pleased that the results verified what we were hoping to find on the Clayton Valley prospect. The Clayton Valley prospect is developing nicely and these results are extremely promising for us and will enable us to continue with a larger drill program in the near future. Historic and present drill programs in adjacent and nearby properties are certainly encouraging and the success of our neighbours (Pure Energy and Cypress Development) provide Spearmint with an optimal location in the Clayton Valley. It would appear that the mudstone formation hosting the lithium moves through the Cypress-Pure joint venture properties and appears to continue on our property. We are immediately formulating the next phase of operations and look forward to either attempting to develop this property ourselves or to possibly take on a partner. Management will evaluate all possible avenues going forward.”
Below is the historical Lithium price (USD$) per metric ton
lithium price.png gigafactory 2018.png
• The “PREISSAC LITHIUM PROSPECT” – Spearmint’s 4,485 acre Preissac Lithium property is located in Quebec. The vicinity of the Preissac lithium property contains multiple lithium showings. Less than two km south of the property are located the Aldous and the Authier showings. Those showings correspond to spodumene mineralization inside pegmatite dikes, with a lithium content up to 1.14 per cent lithium. Less than three km northeast of the property is the Lac de Hauteur showing. Analysis reported by the MERN (Ministere de l’Energie et des Ressources naturelles) indicates anomalies in tantalium, niobium and lithium. Less than six km south are the Cominco-Nickel, Marbridge, Ataman, Lamotte and Cubric showings. These showings are ultramafic formation, with content up to 3.65 per cent nickel, with minor copper, zinc and molybdenum.
• The “WHABOUCHI LAKES LITHIUM PROSPECT” – Spearmint’s 524 acre Whabouchi Lakes property is located in the James Bay area of the province of Quebec. This property consists of four claims that total approximately 2.13 square km. These claims overlay the possible source of lake sediment geochemical anomalies. The anomalous elements are bismuth, rare earth elements, lithium, niobium and tungsten, which represent good pathfinders and indicators of pegmatite-hosted type of mineralization also present at Nemaska Lithium Inc.’s (NMX.V) Whabouchi deposit.
• The “WHABOUCHI LAKES WEST LITHIUM PROSPECT” – Spearmint’s 2,636 acre Whabouchi Lakes West property is located in the James Bay area of the province of Quebec, approximately 40 km east of the community of Nemaska, 228 km north-northwest of the Chibougamau municipality and in the immediate vicinity of the Whabouchi mine of Nemaska Lithium Inc. (NMX.v). It includes 20 claims that total approximately 10.66 square km.
Vanadium Properties:
• The “CHIBOUGAMAU VANADIUM PROSPECTS” – Spearmint Resources Inc. has acquired a 100-per-cent interest in five separate vanadium prospects totaling 9,735 acres, the Chibougamau vanadium prospects, all located in the direct vicinity of Lac Chibougamau, Quebec. These new properties border BlackRock Metals’ (private) Ilmenite vanadium project, Vanadiumcorp Resource Inc.’s (VRB.v) Lac Dore vanadium project and Vanadium One Energy Corp.’s (VONE.v) Mont Sorcier vanadium project. This new block of claims puts Spearmint in the heart of the expanding Chibougamau mining district’s vanadium circle. Vanadium has garnered significant market attention recently as the use of vanadium in battery storage is gaining momentum and Spearmint is very pleased to be able to acquire a significant footprint in one of Canada’s best-known vanadium districts.
B.C. Properties:…..
$SRI- spearmint – Ben are you still long and happy?
$SPMTF, $SRJ.tsx, Spearmint Resources – Yes Lulu, it has increased in share price greater than any other equity in my portfolio, excluding a couple of Australian equities, during that time frame, even after decreasing recently. Credit goes to Griffin, for the heads up, some time ago. Thank you Griffin!
BloomBox – 2010 CBS 60 minutes video led me to it’s list of announcements. Google it and it pops up instantly but here is a link to recent announcement on the Bloom-Box in Korea.
http://www.bloomenergy.com/newsroom/press-releases/
Interesting to note they continue to use government incentives rather than going public…..milk the system.
This last week and today the insurance policy has been the best performing position. Not for the faint of heart, mind you; $TVIX.
FWIW: SR is forecasting a general target of 2620-2670 for the S&P 500, an end of wave A and then a wave B rally. #Best2ALL
Mmmmmmm….milk………
That’s the way it’s done these days Lulu. There is hardly anyone that doesn’t grab the “free” money when made available. I would guess that at least after completion, the power system becomes more believable because it has been working, unless, of course…….it doesn’t.
After following up on Bloom, I would start slowly accumulating after an IPO as things stand now.
Bloom is interesting but it is private.
For sure until the government subsidies run dry……or word they are drying up sets in.
CTEQF, SPNRF–Long…Podcast from John Kasier…Congo taxes discussed pertaining to copper, Lithium, Scanidum and Battery content in the future… https://www.howestreet.com/2018/02/02/congo-launches-cobalt-tax-grab/ …Cowboy
$NT While this may have been posted on the first ‘Scandium’ thread, the article is a reminder that large scale clean energy storage (Lithium-Ion) is in use, now, in Australia. The comments below the article are also interesting.
https://www.theverge.com/2017/12/1/16723186/elon-musk-battery-launched-south-australia
$BKTPF 1/2p 1 of 2 – Cruz Cobalt Corp. Significantly Increases Land Holdings in the Cobalt Region of Ontario
CUZ:TSX.v | BKTPF:USA | A2DMG8:Germany
Cruz Cobalt Corp. Significantly Increases Land Holdings in the Cobalt Region of Ontario
Cruz Cobalt Corp. (CUZ—TSXv, BKTPF—OTCBB, A2DMG8–FSE) is pleased to announce that the company has significantly increased its acreage in the Cobalt District of Ontario. The new “Lorraine Cobalt Prospect” consists of 8,935 contiguous acres bordering First Cobalt Corp (FCC-TSX.v) in the direct vicinity of the town of Cobalt, Ontario.
Cruz President, James Nelson, stated, “This new acreage makes Cruz one of the single largest landholders behind First Cobalt Corp (FCC-TSX.v) in the historic cobalt camp in Ontario. This now gives Cruz 5 separate cobalt prospects in the region. The Ontario cobalt district has become one of the global focal points for cobalt exploration and Cruz was positioned very early giving Cruz a first mover advantage and now is one of the single largest landholders in the region. Cruz currently has more cash on hand than any other point and management is planning to deploy that cash strategically and efficiently in 2018. The cobalt demand has never been more in focus as the world is moving towards full scale electric car adoption. The demand for battery metals appears to be at the start of long term super cycle and Cruz is positioning itself early for this cycle.”
Recently (January 22, 2018) Cruz increased its acreage on the “Purcell Cobalt Prospect” from 671 acres to 11,821 acres, consolidating the previous two separate Purcell prospects into one much larger contiguous prospect. Also on January 16, 2018 Cruz increased its landholdings surrounding the War Eagle cobalt prospect in BC. Cruz now has a 100% interest in 15,219 acres on the War Eagle cobalt prospect. Cruz also just recently completed an airborne survey over the War Eagle and Purcell cobalt prospects in BC and uncovered strong magnetic anomalies (announced January 19, 2017). Management is now working diligently on advancing these two BC cobalt prospects.
Cruz currently has nine cobalt projects located throughout North America, comprising of five in Ontario, two in British Columbia, one in Idaho and one in Montana. Cruz’s five separate Ontario cobalt prospects are all located in the vicinity of the town of Cobalt making Cruz one of the largest landholders in this emerging cobalt district. Cruz’s Ontario projects include the 1,265 acre Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre Hector cobalt prospect, the 1,580 acre Bucke cobalt prospect and now the 8,935 Lorraine cobalt prospect. The company’s BC prospects include the 15,219 acre War Eagle cobalt prospect and the 11,821 acre Purcell prospect. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in Montana and the 880 acre Idaho Star prospect.
The technical contents of this release were approved by Greg Thomson, PGeo, a qualified person as defined by National Instrument 43-101.
If you would like to be added to Cruz’s email list please send an email to info@cruzcobaltcorp.com or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
http://www.cruzcobaltcorp.com
twitter @CruzCobalt
#Best2ALL!
$BKTPF 1/2p 2 of 2 – Cruz Cobalt Corp. Significantly Increases Land Holdings in the Cobalt Region of Ontario
CUZ:TSX.v | BKTPF:USA | A2DMG8:Germany
Cruz Cobalt Corp. Significantly Increases Land Holdings in the Cobalt Region of Ontario
Cruz Cobalt Corp. (CUZ—TSXv, BKTPF—OTCBB, A2DMG8–FSE) is pleased to announce that the company has significantly increased its acreage in the Cobalt District of Ontario. The new “Lorraine Cobalt Prospect” consists of 8,935 contiguous acres bordering First Cobalt Corp (FCC-TSX.v) in the direct vicinity of the town of Cobalt, Ontario.
Cruz President, James Nelson, stated, “This new acreage makes Cruz one of the single largest landholders behind First Cobalt Corp (FCC-TSX.v) in the historic cobalt camp in Ontario. This now gives Cruz 5 separate cobalt prospects in the region. The Ontario cobalt district has become one of the global focal points for cobalt exploration and Cruz was positioned very early giving Cruz a first mover advantage and now is one of the single largest landholders in the region. Cruz currently has more cash on hand than any other point and management is planning to deploy that cash strategically and efficiently in 2018. The cobalt demand has never been more in focus as the world is moving towards full scale electric car adoption. The demand for battery metals appears to be at the start of long term super cycle and Cruz is positioning itself early for this cycle.”
Recently (January 22, 2018) Cruz increased its acreage on the “Purcell Cobalt Prospect” from 671 acres to 11,821 acres, consolidating the previous two separate Purcell prospects into one much larger contiguous prospect. Also on January 16, 2018 Cruz increased its landholdings surrounding the War Eagle cobalt prospect in BC. Cruz now has a 100% interest in 15,219 acres on the War Eagle cobalt prospect. Cruz also just recently completed an airborne survey over the War Eagle and Purcell cobalt prospects in BC and uncovered strong magnetic anomalies (announced January 19, 2017). Management is now working diligently on advancing these two BC cobalt prospects.
Cruz currently has nine cobalt projects located throughout North America, comprising of five in Ontario, two in British Columbia, one in Idaho and one in Montana. Cruz’s five separate Ontario cobalt prospects are all located in the vicinity of the town of Cobalt making Cruz one of the largest landholders in this emerging cobalt district. Cruz’s Ontario projects include the 1,265 acre Coleman cobalt prospect, the 900 acre Johnson cobalt prospect, the 4,980 acre Hector cobalt prospect, the 1,580 acre Bucke cobalt prospect and now the 8,935 Lorraine cobalt prospect. The company’s BC prospects include the 15,219 acre War Eagle cobalt prospect and the 11,821 acre Purcell prospect. Cruz’s USA projects include the 1,940 acre Chicken Hawk prospect in Montana and the 880 acre Idaho Star prospect.
The technical contents of this release were approved by Greg Thomson, PGeo, a qualified person as defined by National Instrument 43-101.
If you would like to be added to Cruz’s email list please send an email to info@cruzcobaltcorp.com or twitter @CruzCobalt
James Nelson
President
604.899.9150
Toll free 1.855.599.9150
http://www.cruzcobaltcorp.com
twitter @CruzCobalt
#BEST2ALL!
Here’s how Mercedes will make you forget all about Tesla
Phillip Tracy— Jan 31 at 17:43:38
https://www.dailydot.com/debug/mercedes-electric-cars/
“As batteries are the heart of our electric vehicles we put a great emphasis on building them in our own factories,” Daimler wrote on its website. “With our global battery network we are in an excellent position: As we are close to our vehicle plants we can ensure the optimal supply of production. In case of a short-term high demand in another part of the world our battery factories are also well prepared for export.”
Tag line in upper right says every MBZ model will have an electric option by 2022.
Four years from now
If previously posted, apologies.
Congo seeks more cobalt market control as batteries drive boom
Bloomberg News | a day ago |
Congo accounts for about two-thirds of global cobalt supply. Photo shows Mount Mongengenge, near Kinshasa, Democratic Republic of the Congo.
(Bloomberg) — The Democratic Republic of Congo will seek greater control of the global cobalt market by engaging directly with car and battery manufacturers, according to its largest state-owned mining company.
“I find it scandalous that when cobalt is discussed, and the explosion of electric vehicles, only the traders and consumers are referenced and Congo and Gecamines are not cited,” Gecamines Chairman Albert Yuma said in an interview in Cape Town.
The market seems to think that “the future of cobalt is in the hands of Glencore, Trafigura and CMOC but not the Congo or Gecamines,” Yuma said. “We legitimately want to control the cobalt market because it is ours.”
Congo accounts for about two-thirds of global cobalt supply. The country isn’t benefiting from rallying copper and cobalt prices and plans to renegotiate partnerships with international mining companies, Yuma said earlier Monday.
Gecamines has already held discussion with one large Chinese battery producer about establishing a joint venture to develop the state-owned miner’s cobalt concessions, Yuma said. It is also planning discussions with a Chinese car manufacturer, he added, declining to identify either company.
Consumers want to secure, stable, long-term supply and, unlike traders, don’t speculate on price, he said.
New global player CATL sets EV battery sights on Europe, U.S.
http://europe.autonews.com/article/20180205/COPY/302059890/new-global-player-catl-sets-ev-battery-sights-on-europe-u.s
#CATL website: http://www.catlbattery.com/en/web/index.php/welcome
$PE.tsxv – PURE ENERGY MINERALS COMPLETES FINAL TRANCHE OF PRIVATE PLACEMENT FOR TOTAL GROSS PROCEEDS OF $5.5 MILLION – http://mailchi.mp/pureenergyminerals/pure-energy-minerals-completes-final-tranche-of-private-placement-for-total-gross-proceeds-of-55million …
https://twitter.com/pureenergyminer/status/961116246883422209 #Best2ALL!
$RVR.asx – Red River Resources
Broker research following release of Red River Resources $RVR Quarterly Report. https://twitter.com/NWRcomms/status/956683378866102272
Website: http://www.redriverresources.com.au/