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i'm psychic

  1. 115 Posts.
    My post 11.36 am 31/12/03

    Rocky ... Only know what I posted yesterday "INL due for an announcement in relation to their electro-winnowing process which recovers precious metals without need for nasty chemicals. They have been in various test phases, and I believe that they are involved in the Hellyer mine - processing heaps full of gold ... Also Ivanhoe are major shareholders. Worth going to their web site www.intec.com.au and checking out their story.
    Plenty of blue sky in this one."
    If you read the MD's AGM address, he alludes to some confidential discussions regarding the intec process, so one can assume that there is something coming up very soon. The Ivanhoe (IVN) deposit in Mongolia is mega mega mega, and Ivanhoe are major shareholders in Intec. Altogether, the future prospects for this kind of gold and precious metal recovery is huge as (a) price of gold and commodities rise and (b) environmental factors come into play. No arsenic and other chemicals required to recover the metals. So... yes I think that some kind of announcement is due and my gut feel is that it would be in relation to the Hellyer project which has an estimated $1.2 billion worth of AU and other metals just waiting to be recovered in a cheap and effective way. But I have been wrong before.
    Cheers
 
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