Article on the CBC today that Justin Trudeau is visiting a rare earth metals processing plant in Saskatoon today but here is the kicker, according to Scott Moe Justin Trudeau didn’t tell the government he was coming. Apparently Justin Trudeau isn’t very interested in good intergovernmental relations with the Saskatchewan Premier!!!
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Maybe it's more of a personal trip prior to investing.
I think we already invested 5 million in the pilot plant .
Big opertunity if you know when the subsidies are going to be announced.
https://www.mining.com/vital-metals-pivots-to-nechalacho-permitting-as-saskatchewan-plant-costs-double/
"The stock fell to a fresh 12-month low in Sydney on Friday morning at A1.7¢ per share on the news. The stock is down 63% over the past 12 months. The company has a market cap of A$95.5 million"
Today's value at 2.5 cents au.
Rocketing!
Follow the money?Last edited by shtferbrains; Jan 16, 2023, 13:28. -
The saskatoon plant is trying to extract REE from potash tailings. The quebec plant is a new open pit mine.
Therefore our plant will get virtue signal only and nothing else.
Trudeau should have been in cuffs upon touchdown.Comment
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Oh ya, and then some...
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He knows he’s not welcome here.Comment
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There was talk of extracting lithium from produced water from oil wells. Same idea Chinese have for using a membrane to collect uranium from sea water. Definitely there just a large amount of water needs to pass to get anything substantial. Scavenging tailings reminds me of that picture of gleaners picking the kernels of grain missed during the harvest. Poor buggers starving as it is expending more energy from the pursuit than they stand to gain. All you can hope too much money isn’t pissed away in a strawboard or hemp fibre plant fashion. Might be too late.Comment
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The Quebec mine was approved with 290 conditions. Its smack in the middle of native claim territories who will want a pretty big pound of flesh. Even if the stars align, that mine wont start for a decade.
Its all just virtue signal and starting a fight with the west. Must be an election coming.Last edited by jazz; Jan 16, 2023, 16:15.Comment
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So you don't think all this stuff will come together to have everyone in EV's by 2035?Originally posted by jazz View PostComment
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Oh some people will have EVs alright, but most wont. The ICE fleet is over 2billion. Take 100+ yrs at current production to even think about replacing them.Originally posted by shtferbrains View Post
The plebs will get public transport and much reduced mobility.Comment
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Looking good for the environment eh chuck. Only 300,000 more of these needed to stop climate change.
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