What Pure Carbon mining Co in Sweden are these people touting? Gerardo Del Real
Editor, Resource Stock Digest Premium
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.
I think is LEMIF.
I think you’re right
I don’t know the ad. But i agree with HTL3721. Leading Edge Materials Corp (CVE:LEM; OTCMKTS:LEMIF; FRA:7FL) has a past producing graphite mine in Sweden. The Woxna Graphite Mine is located in central Sweden, and is not in production but remains on a production ready status.
Leading Edge Materials is the product of a merger between Flinders Resources and Tasman Metals. But i find it difficult to figure out what this newly formed company is all about. Flinders brought the graphite mine into the merger. Tasman Metals a specialty metals deposit – also in Sweden – with in particular the more sought after heavy rare earths. But if you research the company it just announced plans to undertake drilling at the company’s 100%-owned Bergby lithium project – also in Sweden. So what to make of this company. A graphite project, a heavy rare earths deposit or a Lithium hard rock plan. Or a lack of focus.
Is China producing is pure carbon right now.
maybe look at Talga Resources -TLGRF. the pitch from Outiders Club, and others, indicates it is a Swedish company. LEMIF is based in Vancouver (and has a mine in Sweden). But, both companies are very focused on producing graphite for lithium ion batteries.
TLGRE is at West Perth, WA 6005, Australia
Talga Resources is a Perth based company in Australia not a Swedish company.
What are the company’s doing well mining pure carbon
to htl3721 – Talga Resources is TLGRF not TLGRE
To jwhallin: Sorry. Miss read it.
You might right about TLGRF.
But still it is in Australia
There is 4 year incomplete financial statements( TLGRF), it lost 19Million and not a single cent of revenue.
Only 5 days trading data on Yahoo finance.
It´s Beowulf Mining
It´s Beowulf Mining in Sweden.
in slideshow he says it’s a canadian company
Its Beowulf Mining in Sweden
is this about pure carbon
What are the best company’s out there mining pure carbon
Just saw this yesterday (2/2)….a Groundhog Day tease. Sat through part of Del Real’s spiel and then scrolled ahead to the $$$ pitch. I am interested in the concept and have started to research the identity of “Rare Inc.” I saw several possibilities mentioned here. Has anyone made a positive ID?
Yes, we covered that here: http://www.stockgumshoe.com/reviews/resource-stock-digest-premium/whats-the-pure-carbon-teased-by-resource-stock-digest-premium/
My question is who producing prue carbon right now.
Just searched for and visited the companys site,
leadingedgematerials and read this, decide for yourself.
During 2014, stockpiled lower grade graphitic rock was used to test and commission the plant, and in the process produced commercial quantities of graphite concentrate with up to 92% carbon content. This commissioning product was sold by January 2015.
Mining commenced in early 2015 and fresh graphitic rock was extracted from the open pit. Despite the Woxna project producing graphite to grade and recovery specifications, the global flake graphite became increasingly challenging during 2015, with prices falling to four year lows of less than US$700/tonne. Given these weakening conditions, in July 2015 the Board elected to halt production until graphite prices recover.
The Woxna plant is now maintained on a production-ready basis while higher value graphite products are developed. The plant will not recommence meaningful production until market conditions improves. We invite enquiries at any time regarding immediate graphite sale opportunities.
I’m sure shares could be picked up relatively cheaply but I don’t see any of the large multinational electronics giants rushing to purchase carbon. Hence the stop in production.